OK, granted. But from what I've had, BHPs first critical support was 35.50. It tested that last week, and it held.
Now the indices were LOWER then that it is now.
BHP broke through 35.50 and then 35.00 EASILY today.
$34 flat is my next big support.
If that goes, then $32, then $30.
$32 would be the biggest level of support, and represents an $8 decline or a 20% decline. This was last seen last year if I remember correctly, when crude fell considerably.
A similar story could be had here.
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