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