May soybeans:
1. In yesterday’s (Wednesday, March 30) Williams edge live meeting it was noted that May soybeans (then trading at approximately $9.11) was expected to decline further and test $8.97/$96 into today (Thursday, March 31).
2. Subsequently, May soybeans declined and today (Thursday, March 31) completed the $8.96 downside target (today’s session low, $8.96). This successfully completes the forecast/trade. Will message any further entry or indication in May soybeans.
David Williams