September crude oil:
1. In yesterday’s (Tuesday, January 19) Williams edge live meeting it was noted that while the normal position for September crude oil was higher prices into July 21, any hourly or especially daily close below $45.77 would indicate a quick near full point decline to $44.65.
2. Subsequently, both hourly and daily closes below $45.77 occurred and today (Wednesday, July 20) September crude oil declined and completed the $44.65 downside target (today’s session low, $44.55, so far). This successfully completes the forecast/trade. Will message any further entry or indication in September crude oil.