November crude oil:
1. In yesterday’s (Wednesday, September 23) Williams edge live meeting it was noted that any hourly or especially daily close below $45.30 would prompt new short entry in November crude oil for decline and test/attempt at $43.80 (or lower).
2. Traders short based upon the above indication entered the market between $44.90 (hourly entry) to $44.60 (daily entry). Today’s (Thursday, September 24) November crude oil session continued the decline and completed the $43.80 downside target (today’s session low, $43.71, so far). This successfully completes the forecast/trade. Will message any further entry or indication in November crude oil.