02/28/2017 – Soybeans

May soybeans:

1. In yesterday’s (Tuesday, February 28) Williams edgePro room it was noted that May soybeans should be shorted at $10.56 for a decline to $10.46.

2. Subsequently, May soybeans made a swing high of $1056.20 then reversed quickly lower and completed the $10.45 downside target (swing low, $1045.40). This successfully completes the forecast/trade. will message any further entry or indication in May soybeans.

David Williams