02/29/2016 – Crude Oil

April crude oil:

1. In today’s (Monday, February 29) Williams edge futures meeting it was noted that March crude oil (trading at approximately $33.55) was expected to advance and test $33.95/$34 into Tuesday, March 1 (+/-1 day).

2. Subsequently, April crude oil advanced and today completed the forecast advance to $33.95/$34 (today’s session high, $33.98, so far). Successfully completes the forecasts/trade. Will message any further entry or indication in March crude.

David Williams