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01/27/2016 – Soybeans

Issued: 01/26/2016

March soybeans:

1. March soybeans remain inside a narrow range, making the swing trading entry less attractive.

2. However, continued hourly closes above $8.75 indicate an advance and test/attempt at $8.84 (or higher) into Thursday, January 28. While this is a small move within the current narrow range, it may lead to a more important move. Will update as the market continues to confirm.

David Williams

Issued: 01/27/2016

March soybeans:

1. Our Wednesday, January 26 March soybean report indicated that hourly closes above $8.75 could be bought for an advance and test/attempt at $8.84 (or higher) into Thursday, January 28.

2. Today’s (Wednesday, January 27) March soybean session advanced and completed the $8.84 upside target, successfully completing the forecast/trade (today’s session high, $8.85).

3. Aggressive can continue to hold any remaining position for the possibility of higher prices. Will message any further entry or indication in March soybeans.

David Williams

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.