The fact that I am updating the trade ideas starting with the long trades has nothing to do with the fact that the market has made new (intraday) all-time highs today. In reviewing the trade ideas on the site, I am simply first updating those stocks near important technical junctures such as those close to a price target or a breakout level, which I’m finding on quite a few of the long-side trades right now. With that being said, here are the updated daily & weekly charts of the CLF long trade (and long-term trade idea). CLF was originally added as a long trade at 15.68 near the bottom of the wedge on June 24th in anticipation of a breakout and is already up over 14% since then. The stock did break above the wedge yesterday & continues to trade above the wedge again today, signaling another objective long entry for those comfortable with adding long exposure here.