July crude oil:
1. In Thursdays (May 25) Williams edge live meeting it was noted that hourly and especially a daily close above $48.50 in July crude oil should be bought for in advance to $50.30/$40 into Tuesday, May 30.
2. Subsequently, July crude oil declined lower, with its lowest hourly close at $48.90 (above $48.50), indicating new long entry. Today (Monday, May 29) July crude oil made a swing high of $50.28 against the $50.30/$.40 upside target, so far). This effectively completes the trade. Higher prices remain possible into Tuesday, May 30. Will message any further entry or indication in July crude oil.
David Williams