IMO a significant pivot point is not necessarily shown on the chart right now, but this Thursday's report. It does seem that FEB tends to be a down month for natty(if I remember chart correctly)...however I think we can be up or down a few dollars of where that pivot point will happen. The only thing right now to provide a hint of direction is the next report. My bet is we don't see too much movement between now and then, but I will be watching. I would love to pick up some D in the range I have already mentioned (16 to 17). I don't know that this year is that much different from last year and that seems to be where this could bottom. It's not about picking the exact bottom or top, but getting the trend change correct as soon as you can. GLTY
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