1. In yesterday’s (Mon., April 6) Williams edge futures meeting it was noted that May soybeans (then trading at approximately $9.82) was likely to decline an additional $.10 ($500/contract) to $9.72.
2. Although no new entry was published based upon the above, today’s May soybean market declined sharply and completed the $9.72 forecast downside target. Will message any further entry or indication in May soybeans.