01/11/2016 – Crude Oil

February crude oil:

1. In last Wednesdays (January 6) Williams edge live meeting it was noted that February crude (then trading at approximately $34.06) was expected to continue to decline and test $31.00 into the week of January 11.

2. Subsequently, February crude declined sharply and completed the $31.00 level today Monday, January 11 (session low, $31.28, so far). This successfully completes the forecast/trade. Will message any further entry or indication in March crude oil (we have rolled into March).

David Williams