Aug. crude oil:
1. In Friday’s July 11 Williams edge live meeting it was noted that crude oil (then trading near $101.70) would likely continue to decline and test both $100.50 into Monday, July 14, then $99.50 (or lower) into Thursday, July 17 (+/-1 day).
2. Today’s (Tuesday, July 15) session completed the $99.50 downside target early (session low, $99.38, so far). Self-directed traders exited any final short positions based upon the $99.50 final downside target. Will message any further entry or indication as the market confirms.