10/13/2014 – Soybeans

Nov. soybeans:

1. In Friday’s (Oct. 10) Williams edge live meeting it was noted that Nov. soybeans (then trading at approximately $9.40) could be sold short for an expected decline to $9.19 profit target into early this week (week of Oct. 18).

2. Nov. soybeans declined sharply today and completed the $9.19 downside target (today’s session low, $9.15). This completes the trade. Will message any further entry or indication in Nov. soybeans.

David Williams