STEEL, breaking above the downtrend, testing the key fibosSteel futures. A great world economy proxy
Bouncing and testing all key fibonacci levels. Still, no higher highs, hence trend remains bearish (so as for the economy?)
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Frequently Asked Questions
The current price of SGX Mysteel Shanghai Rebar (USD) Futures is 441.00 USD / MT — it has fallen −0.23% in the past 24 hours. Watch SGX Mysteel Shanghai Rebar (USD) Futures price in more detail on the chart.
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The nearest expiration date for SGX Mysteel Shanghai Rebar (USD) Futures is Sep 30, 2026.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell SGX Mysteel Shanghai Rebar (USD) Futures before Sep 30, 2026.