04/11/2016 – Crude Oil

Issued: 04/11/2016

May crude oil:

1. In Fridays (April 8) Williams edge live meeting it was noted that remaining longs in our recent may crude oil trade from $37.30 and $38.30 could hold over the weekend for continuation advance and completion at $40.40/$.60.

2. Our protective stop was raised to $38.95.

3. Today (Monday, April 11) May crude oil advanced and completed the $40.40/$.60 final upside target (today’s session high, $40.75, so far). This successfully completes the trade. Will message any further entry or indication in May crude oil.

David Williams

Issued: 04/08/2016

May crude oil:

1. In yesterday’s (Thursday, April 7) Williams edge futures meeting it was noted that aggressive traders could buy May crude oil upon any hourly close above $36.80. Subsequently, the following hour closed at $37.26, indicating new aggressive long entry. Ordinary traders were instructed to go long upon any breakout above $38.30. The main initial profit target was $38.90. Remaining long positions were instructed to be held for the possibility of higher prices.

2. Subsequently, May crude oil advanced and completed the $38.90 main profit target and higher (today’s session high, $39.42, so far). Any remaining long positions should be held for the possibility of higher prices to be messaged in a subsequent update.

3. A protective sell stop should be placed at $38.30. This stop will be moved higher as the market continues to confirm.

David Williams

Issued: 04/08/2016

May crude oil:

1. We have moved our protective stop up to $38.95. This stop will continue to be moved higher as the market confirms. Will update.

David Williams