02/01/2016 – Crude Oil

March crude oil:

1. In Fridays (January 29) Williams edge live meeting it was noted that March crude oil (then trading at approximately $33.13) was expected to decline and test $31.65 (or lower) into Monday, February 1.

2. Subsequently, March crude oil declined sharply and today (Monday, February 1) completed the $31.65 downside target (today’s session low, $31.48, so far). This successfully completes the forecast/trade. Will message any further entry or indication in March crude oil.

David Williams