CLF is in the process of coming out the weekly alpha cycle low.  When it takes out the prior swing high at 9.08, it’s a confirmation that CLF will rally for the next 5-8 trading days.  Long entry@9.08, price target 10.56-11.96.  Time target Jan 19, 2019.  Get out of the trade by Jan 19, 2017 the latest regardless if the price target is fulfilled.  Stop loss 8.28.