10/20/2015 – Crude Oil
- October 20, 2015
- Crude Oil
Issued: 10/20/2015
December crude oil:
1. A daily close today (Tuesday, October 20) above $46.10 in December crude will be the earliest indication for a quick advance and test/attempt of $47.30/$40 into Wednesday, October 21 (+1 day).
2. Once long, a protective sell stop should be placed below $46.00 initially, until further market movement confirms. Will update.
David Williams
Issued: 10/21/2015
December crude oil:
1. Yesterday’s (Tuesday, October 20) December crude oil report indicated that a daily close above $46.10 in would be the earliest indication for a quick advance and test/attempt of $47.30/$40 into Wednesday, October 21 (+1 day).
2. However, Tuesdays October 20 session closed below $46.10, negating the trade and indicating lower prices. Will message any further entry or indication in December crude.
David Williams
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.