Clapperton_

US STEEL ANALYSIS

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NYSE:X   United States Steel Corporation
The rally from July 22 is corrective in nature taking a form of a zigzag. The rally as retraced .618 fib of the impulsive decline. The rally is in its final stages and the decline will resume taking the market is lows beyond the jult 22 low. The market still remains the final arbiter.

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