Five weeks ago the Power of the Pattern reflected that bullish inverse head & shoulders patterns looked to be in place in the steel sector! (See post here) 

Premium Members picked up U.S. Steel due to the positive pattern, prior to any breakouts. Now X is breaking above steep falling resistance, looks to be breaking from a bullish flag pattern.

Now it is testing its 2012 highs. Should it succeed in breaking those highs, a couple of unfilled gaps remain in place, a good deal above current prices!!!

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past