November soybeans:
1. In Fridays (July 8) Williams edge live meeting it was noted that any hourly or especially a daily close above $10.34 in November soybeans (expected) could be bought for advance to $10.74. At the time, soybeans were trading at $10.46.
2. Hourly closes continued above $10.34, along with Friday’s daily close at $10.57.
3. Subsequently, November soybeans advanced and today (Monday, July 11) November soybeans completed the $10.74 upside target (today’s session high, $10.77, so far). This successfully completes the forecast/trade. Will message any further entry or indication in November soybeans.
David Williams