CEF is down at its rising support (line going back to the bottom of late 15). if it goes down much more, it will violate its support and the next target would be about 10-15% lower.
bulls should hope this line holds.
the bad news, we are entering a seasonally weak time for the pm groups. seasonal weakness from mid fed to mid march.
I have that support line at about $12.5 is that what you are looking at