March crude oil:
1. In yesterday’s (Monday, January 30) Williams edge live meeting it was noted that a daily close above $52.20 in March crude oil should be bought for a quick advance to $53.50 into Wednesday, February 1 (+/-1 day).
2. Subsequently, March crude oil closed at $52.63 (above $52.20) indicating new long entry. Today (Tuesday, January 31) March crude oil advanced and completed the $53.50 upside target (today’s session high, $53.56, so far). This successfully completes the forecast/trade. Will message any further entry or indication in March crude oil.
David Williams