01/17/2017 – Crude Oil
February crude oil:
1. Since Friday, January 13 in our Williams edge live meetings it was noted that continued failure below $53.70 in February crude oil could be sold short for further decline to $51.50 expected on Wednesday, January 18.
2. Subsequently, February crude oil advanced to $53.52 (below $53.70) and today (Wednesday, January 18) completed the forecast decline to $51.50 (today’s session low, $51.21, so far). This successfully completes the forecast/trade. Will message any further entry or indication in February crude oil.
David Williams
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.