07/12/2016 – Soybeans

November soybeans:

1. In yesterday’s (Tuesday, July 12) Williams edge live meeting it was noted that a daily close above $10.74 in November soybeans would likely advance to $11.04 (or higher) into today (Wednesday, July 13).

2. Subsequently, November soybeans closed yesterday session at $10.86 and today (Wednesday, July 13) completed the $11.04 upside target (today’s session high, $11.19, so far). This successfully completes the forecast/trade. Will message any further entry or indication in November soybeans.

David Williams