04/27/2017 – Soybeans

July soybeans:

1. In Tuesdays (April 25) Williams edge live meeting it was noted that aggressive could short July soybeans at $9.68/$69 and ordinary traders could short any confirmed breakout $9.60 for a decline to $9.53/$52.

2. Subsequently, July soybeans declined below $9.69/$.68 and later broke $9.60 and completed the majority of the forecast decline to $9.53/$52 (today’s swing low, $954.20, so far). This successfully completes the forecast/trade. Will message any further entry or indication in July soybeans.

David Williams