11/02/2015 – Crude Oil

December crude oil:

1. In Mondays (November 2) Williams edge live meeting it was noted that any hourly close above either $46.20 and especially $46.60 in December crude oil would indicate a quick tradable advance to $47.30.

2. Subsequently, the market closed hourly above both $46.20 and later $46.60 and today (Tuesday, November 3) completed the advance to the $47.30 upside target (today’s session high, $47.30, so far). This successfully completes the forecast/trade. Will message any further entry or indication in December crude oil.

David Williams