03/09/2017 – Crude Oil

April crude oil:

1. In yesterday’s (Wednesday, March 8) Williams edge live meeting it was noted that aggressive traders could short April crude oil (at the then current price of approximately $51.60) for a continued decline to $49.40.

2. Subsequently, April crude oil declined sharply and today (Thursday, March 9) completed the forecast $49.40 downside target (today’s session low, $48.59, so far). Will message any further entry or indication in April crude oil.

David Williams