On February the 13th, our updated our Sentiment Rating and Strategy BEARISH SELL SIGNAL
At that time, we were Bullish on the Short-Term (1-2 weeks); however, the market does not care what we think, and our BEARISH SELL SIGNAL whas since triggered.
Only Price Pays,
not what we think, want or need to happen.
The only thing that matters is the price.
The price currently is $0.47 cents per bushel below our Strategy BEARISH SELL SIGNAL.
Our NW SK Take Profit Price Target range of $12.00-12.50 was reached in October and is $1.11-1.61 above today’s level.
Here are the updated charts.
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