Formerly NE North Dakota, now NW MN | Remember that time I was a wheat bull (like 2 weeks ago).
Ouch.
I guess what I'm really saying here is that, just as $10 has quickly become a no-fly-zone for new crop soys, I think $6 will become a short term resistance for MW, and its only going to be a better of time before the market realizes that horse is really sick and it gets taken out back and shot.
What's the price level after that, and where we make our turn? Well I'm open to suggestions at this point. I really thought we would have a hard time going through 6.... |
Oh snap. Dec MW closes with a 5 handle.
