01/20/2017 – Crude Oil

March crude oil:

1. In yesterday’s (Thursday, January 19) Williams edge live meeting it was noted that if March crude oil closed daily above $52.00 a new long entry was indicated for a quick advance to $53.20 into Friday, January 20.

2. Subsequently, March crude oil closed at $52.12 (above $52.00) indicating new long entry. Today (Friday, January 20) March crude oil gapped higher and completed the $53.20 upside target (swing high, $53.67). This successfully completes the forecast/trade. Will message any further entry or indication in March crude oil.

David Williams