07/09/2014 – Soybeans

Nov. soybeans:

1. In Monday’s (July 7) the Williams edge live meeting it was noted that soybeans were expected to fail at the critical $11.26/$27 level and new short entry was indicated for a multi-day decline to $11.04/$02.

2. Today’s Nov. soybeans completed the multi-day decline to the $11.04/$02 downside target (session low, $11.02, so far), completing the trade. Will message any further entry or indication.

David Williams