January soybeans:
1. In yesterday’s (Wednesday, December 7) Williams edge live meeting it was noted that any hourly or daily close below $10.43 in January soybeans could be sold short for a fast decline to $10.25 expected into Thursday/Friday of this week.
2. Subsequently, January soybeans closed hourly below $10.43 (hourly close, $10.39) and today (Thursday, December 8) quickly declined to the $10.25 downside target (today’s session low, $1023.40, so far). This successfully completes the forecast/trade. Will message any further entry or indication in January soybeans.
David Williams