1. In Mondays (July 18) Williams edge live meeting it was noted that a daily close above $10.57 would indicate a continued advance and test/attempt at $10.82 (or higher).
2. Subsequently, November soybeans closed the day at $10.64 but the following day (Tuesday, July 19) expressed the energy to the downside, resulting in a loss on the position. While this is an unusual move, soybeans are putting in a daily bottom due today, Wednesday, July 20. This is an important indication and may prompt further entry. Will update.