1. In Monday’s (Mar. 30) Williams edge live meeting it was noted that May soybeans were setting up for a quick decline to both $9.60/$59, then $9.54/$53 final downside target.
2. Although not officially traded, May soybeans did decline sharply and today (Tues., Mar. 31) completed the $9.54/$53 downside target (today’s session low, $9.51). Will message any further entry or indication in May soybeans.