It looks like the steel (here represented by SLX, i.e. its ETF) is moving down. It has bounced of resistance with doji-like bars (so no motion upwards). Consider shorting now and taking profit at the support.
1st-time price closed above 200-DMA since 2014 and price may start resting here before it breaks out upside. Today's bearish candle is warning us and be vigilant and protect your profit.
