December crude oil:
1. In yesterday’s (Wednesday, November 30) Williams edge live meeting it was noted that hourly or daily closes above $49.20 in January crude oil should be bought for in advance to $50.90/$51 into Friday (+/-1 day).
2. Subsequently, January crude oil closed the day below $49.20 (at $48.98) but today (Thursday, December 1) got back above $49.20 on hourly closes and quickly advanced to complete the $51.00 upside target (today session high, $51.80, so far). The successfully completes the forecast/trade. Will message any further entry or indication in January crude oil.
David Williams