Currently down futures are at 10915. Buy order at 10,800 was filled. The low was 10,791.
Lock in profits and look for a bounce. The whole world wants to sell the Dow. If you had the order resting, you are now long and have 1K paper profit.
Sell 1/3 of your position. Puts sell stops in on the other 2/3.
Interestingly, CZ, December Corn holds tight at 655 and November Beans hold at 13.00. I have to continue to want to be long grains.
A market that holds up when it should be melting is indicating underlying strength.
That strength should be bought.
CER