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SE Iowa | 3.35-3.43 has been and continued to be a base reversal support area in the since 2014 on the weekly continuation with jabs down to 3.18 and 3.15..So it comes at no surprise we rejected these levels again.
Had a outside day on lows and now outside week..next will be outside monthly, Lowest bullish sentiment rating sitting at 27% (energy) lowest since Feb 2005.
Its not rocket science folks..it is all out there to see...just embrace it. Techs are telling the story...spreads are screaming...no one is listening = good. | |
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