07/27/2015 – Crude Oil

September crude oil:

1. Since Wednesday, July 22 (and each live futures meeting since) it was noted that September crude oil (then trading at approximately $49.90) was expected to continue to decline down to $46.00 and change into Monday, July 27 (+/-1 day).

2. Since then, September crude oil has continued to decline each day and today (Tuesday, July 28) completed the $46.00 and change downside target (today’s session low, $46.68, so far). This completes the forecast/trade. Will message any further entry or indication in September crude oil.

David Williams