03/29/2016 – Crude Oil

May crude oil:

1. In yesterday’s (Monday, March 28) Williams edge live meeting it was noted that May crude oil was expected to decline and test $38.70/$.60 into Tuesday, March 29. May crude oil closed the day at $39.30.

2. Subsequently, May crude oil declined and today (Tuesday, March 29) completed the $38.70/$60 downside profit target (today’s session low, $38.00, so far). This successfully completes the forecast/trade. Will message any further entry or indication in May crude oil.

David Williams