July soybeans:
1. In Mondays (May 8) Williams edge live meeting it was noted that July soybeans were expected to move slightly below $9.63 wherein $9.61 would be buying territory for an advance to $9.70/$71 then $9.80.
2. Subsequently, July soybeans were unable to decline to $9.61 so (unfortunately) no new long entry occurred. However July soybeans completed both the $9.70/$71 initial profit target and the $9.80 final profit target as well (today’s session high, $9.89). This successfully completes the forecast/trade. Will message any further entry or indication in July soybeans.
David Williams