July crude oil:
1. In yesterday’s (Tuesday, May 30) Williams edge live meeting it was noted that a daily close below $50.10 in July crude oil could be sold short for an expected decline to $49.80/$.70 into today (Wednesday, May 31).
2. Subsequently, July crude oil closed below $50.10 (at $49.65) and today completed the $49.80/$70 downside target (today’s session low, $47.73, so far). This successfully completes the forecast/trade. Will message any further entry or indication in July crude oil.