06/16/2015 – Soybeans

Issued: 06/15/2015

July soybeans:

1. In today’s (Mon., June 15) Williams edge live meeting it was noted that a daily close above $9.31 in July soybeans (which occurred today) was the stronger position and indicated a multi-day advance of $.30 ($1500 per contract) or more.

2. Aggressive can go long soybeans at current prices (current price, $9.38). All others wait until tomorrow (Tues., June 16) for a less aggressive entry.

3. An initial protective sell stop should be placed at $9.29. This stop will be moved higher as the market continues to confirm. Will update.

David Williams

Issued: 06/16/2015

July soybeans:

1. In yesterday’s (Mon., June 15) Williams edge live meeting it was noted that a daily close above $9.31 in July soybeans (which occurred today) was the stronger position and indicated a multi-day advance of $.30 ($1500 per contract) or more.

2. Aggressive are long soybeans at from approximately $9.38. All others are awaiting new entry in today’s (Tues., June 16) session.

3. Aggressive long should take partial long position exit at current prices (current price, $9.43).

4. An initial protective sell stop has been moved to $9.33. This stop will be moved higher as the market continues to confirm. Will update.

David Williams

Issued: 06/16/2015

July soybeans:

1. Further long position exit should be taken at current prices in July soybeans (current price, $9.52).

2. Our protective sell stop has been raised and $9.43. Will update.

David Williams

Issued: 06/16/2015

July soybeans:

1. Today’s session completed the forecast $.30 advance noted in Monday’s July soybean report and live meeting. This resulted in a successful trade. Today’s session high has been $9.59, so far. Will message any further entry or indication in July soybeans.

David Williams