1. In both Mondays (March 14) and Tuesdays Williams edge live meeting it was noted that failure at $8.96 in May soybeans would indicate further decline and test/attempt at $8.87.
2. Subsequently, May soybeans were unable to close above $8.96 and began the indicated decline to $8.87 which was completed today (Wednesday, March 15) (today’s session low, $8.86, so far). This successfully completes the forecast/trade. Will message any further entry or indication in May soybeans.