November crude oil:
1. In Fridays (October 19) Williams edge live meeting it was noted that while aggressive could consider long positions in November crude oil (based upon the recent daily bottom) all others were instructed to wait for the expected test of $46.00 into Monday, October 19.
2. Subsequently, today (Monday, October 19) November crude oil declined and completed the $46.00 downside target (and lower) placing the market near a critical juncture on the downside. Will message any further entry or indication in the incoming December crude oil contract.