02/23/2017 – Soybeans

March soybeans:

1. In Fridays (February 17) Williams edge live meeting it was noted that a daily close below $10.37 in March soybeans could be sold short for an initial $10.24 downside profit target then $10.18/$17 and finally $10.15/$14.

2. Subsequently, March soybeans declined and completed the $10.24 downside target along with the $10.18 and final $10.15/$14 downside target all completed today, Thursday, February 23). This successfully completes the forecast/trade. Will message any further entry or indication in March soybeans.

David Williams