1. In the Wednesdays (February 15) Williams edge live meeting it was noted that continued test and failure at $10.62/$63 in March soybeans could be sold short for further decline and test of $10.40.
2. Subsequently, March soybeans failed at the $10.62/$63 level and today (Friday, February 17) completed the forecast $10.40 downside target (today’s session low, $10.34, so far). This successfully completes the forecast/trade. Will message any further entry or indication in the March soybeans.