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South Central Iowa | Agree with both of you. There is literally nothing to freak out about at this point. $9.92'6, $9.75'2, and $9.34 are all prior major lows of swings. They are a long ways from here. A market that has shown little interest in maintaining selling momentum and has already takes 30 cents off will need to take off another 40 cents at least to start to do trend damage. That isn't hope. It is fact. $10.17 is the first modestly important support to hold. We still need 15 cents to get to it. That is not a trend breaker though. | |
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