Below is the update that was released 12/28/15 to the MDA Subscribers. If you are not getting these updates sent to you via email. I encourage you to sign up and join the MDA community.
Traders,
We got short in March Beans 12/22 @ 8.87’00 following a 60 min chart. We have been able to ride this short term bearish trend down the last few sessions. During the open after weekend and holiday, we are down around another 5 cents. With us last trading @ 8.68’75(+18.25 or +$912.50 before fees) with a low @ 8.66’75 (+20.25 or +$1012.50 before fees). Regarding the risk on the trade. I have moved the risk level down to 8.78’00. This is locking in 9 cents or $450 before fees.
It is difficult to say if we will continue to head lower, as we just caught a nice 20 cent sell off with not much support against us and during a holiday schedule. So we could see some short-term buying coming soon. The 8.54 price level is the definite short term target for bears. As we hit these prices mid-December. I have a feeling we will most start getting some support in this week with this us likely to begin trending back up to the 8.78 prices. So if you are comfortable with the profits made on this short trade or are holding more than one position, I would look to unload the positions during this session. If you want to hold and see if we can make new lows, then update the risk an hold on.
Here is an updated SnapShot 60 Min Chart from dt Pro:

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