02/22/2017 – Crude Oil

April crude oil:

1. In today’s (Wednesday, February 22) Williams edge Pro session it was noted that April crude oil (then trading at approximately $53.63) was expected to decline and test $53.35 into today’s 2nd 120 minute timeframe.

2. Subsequently, in today’s 2nd 120 minute period April crude oil declined and completed the $53.35 downside target (today’s session low, $53.35, so far). This successfully completes the forecast/trade. Will message any further entry or indication in the March crude oil.

David Williams