April crude oil:
1. In last Wednesday’s (February 18) Williams edge live meeting it was noted that any hourly or especially daily closes below $52.00 in April crude oil could be shorted for a tradable decline to $49.70 (or lower).
2. April crude closed both hourly and daily below $52.00 on both Wed., Feb.18 and Fri., Feb. 20 indicating new short entry.
3. Today’s (Mon. Feb. 23) April crude oil session completed the decline to $49.70 (and lower) with today’s session low at $48.67, so far. This completes the trade. Will message any further entry or indication in April crude oil.