March soybeans:
1. Beginning on Thursday, February 16 and Friday, February 17 it was noted that daily closes below $10.37 in March soybeans could be sold short for a further decline and initial profit at $10.24 into this week (week of February 21).
2. Subsequently, March soybeans closed below $10.37 and today (Wednesday, February 22) completed the forecast $10.24 downside target (today’s session low, $10 .23, so far). Lower prices remain possible, including $10.18/$17, then $10.15/$14, as noted in today’s live meeting. Will message any further entry or indication in March soybeans.
David Williams