07/08/2016 – Soybeans

November soybeans:

1. In recent Williams edge live meeting it was noted that any confirmed break below $10.36 in November soybeans would result in a quick decline to $10.20.

2. Subsequently, November soybeans broke $10.36 and today completed the $10.20 downside target (today session low, $10.21, so far). This successfully completes the forecast/trade. Will message any further entry or indication in November soybeans.

David Williams