Iron Ore

There are opportunities in the beaten down sectors of steel and iron ore.

Iron Ore ETF, weekly chart

looking for a run to 2.50 before a pullback

just got above the 200MA clear for takeoff?

South American, multiple businesses, mostly trades with iron ore.

Korean steel, I'm not so sure about Korea, but a great company beaten down and at lows.

I like Iron on dips for a long hold. If you don't like to hold long, there should be some good bounces as these push off the bottom.

Be Safe, Be Careful, Be Wise

and as always

Good Luck 🙏