09/23/2015 – Crude Oil

Issued: 09/21/2015

November crude oil:

1. In today’s (Monday, September 21) Williams edge live meeting it was noted that November crude oil (then trading at approximately $46.50) was expected to close above $45.35 and advance to $48.10/$.20 (or higher) into Tuesday, September 22 (+1 day).

2. Traders long from at/near the $46.50 level noted in the meeting should exit partial long position exits at current prices (current price $46.90).

3. A protective sell stop should be placed at $45.00. This stop will be moved higher as the market continues to confirm.

David Williams

Issued: 09/22/2015

November crude oil:

1. We remain long November crude oil based upon Monday’s, September 21 Williams edge forecast for November crude oil (then trading at approximately $46.50) to close daily above $45.35 and advance to $48.10/$.20 (or higher) into Tuesday, September 22 (+1 day).

2. Partial long position exits were taken at $46.90.

3. Our protective sell stop should be moved to $45.10. This stop will be moved higher as the market continues to confirm.

David Williams

Issued: 09/23/2015

November crude oil:

1. Our protective sell stop has been moved to $45.64. This stop will be moved higher as the December crude oil continues to confirm.

David Williams

Issued: 09/23/2015

November crude oil:

1. In Monday’s, September 21 Williams edge live meeting it was noted that November crude oil (then trading at approximately $46.50) was expected to advance to $48.10/$.20 (or higher) into Tuesday, September 22 (+1 day).

2. Traders long from at/near the indicated $46.50 level were instructed to exit partial long positions at/near $46.90.

3. Our recently adjusted protective sell stop at $46.64 was hit today (Wednesday, September 23), resulting in a small gain on the entire position. Will message any further entry or indication in November crude oil.

David Williams