Crude Oil

Issued: 04/01/2015 May crude oil: 1. Continue daily closes above $48.70 in May crude oil (expected) indicate further advance and test/attempt at $50.50 (or higher) into late this week/early next. 2. Therefore, May crude oil is in a ‘Buy’ position with higher prices indicated with $50.50 as initial upside target. 3. Once long, an initial […]

Issued: 03/24/2015 May crude oil: 1. In recent Williams edge meetings it was noted that a daily close above $47.50 in May crude oil during this week (week of Mar. 23) would indicate a possible ‘wildcard’ advance with a test/attempt at $50.00 (or higher) expected. 2. Today’s (Tues., Mar. 24) session advanced and closed the

Issued: 03/05/2015 April crude oil: 1. In recent Williams edge live meetings it was noted that aggressive could buy April crude oil upon any hourly or daily close above $51.00 for further advance and a tradable decline back to $50.36. 2. However, April crude oil touched $50.36 on Wed., April 4, negating the need for

Issued: 02/23/2015 April crude oil: 1. As noted in today’s (Mon., Feb. 23) Williams edge live meeting the next important daily market bottom in crude oil is tomorrow, Tues., Feb. 24 (+/- one day). 2. Although no new long entry is being taken at this point, the above is important information which may prompt new

April crude oil: 1. In last Wednesday’s (February 18) Williams edge live meeting it was noted that any hourly or especially daily closes below $52.00 in April crude oil could be shorted for a tradable decline to $49.70 (or lower). 2. April crude closed both hourly and daily below $52.00 on both Wed., Feb.18 and

Issued: 02/18/2015 April crude oil: 1. In today’s (Wed., Feb.18) and recent Williams edge live meetings it was noted that any further hourly or especially daily close in crude oil below $52 (basis of outgoing March contract) would indicate a new short entry for decline and test/attempt at $49.80/$50. 2. Today we rolled into the

March crude oil: 1. In our Wednesday, January 28 Williams edge live meeting it was noted that an hourly close above $45.60 in March crude would indicate a tradable advance to $47.60 expected this week. 2. Crude oil closed hourly above $45.60 which began the fast advance to $47.60 and higher. This completes the intended

February crude oil: 1. Since mid Dec. 2014 (with prices at approximately $56.00) our February crude oil outlook has been that crude oil should not be bought because an additional decline and test/attempt at $48.00 remained very likely. 2. Today, Tuesday, January 6, 2015 crude oil made a session low of $48.47, completing the $48.00

Issued: 11/20/2014 Dec. crude oil: 1. Our recent Dec. crude oil report indicated a test/attempt $75.75 (or higher) into Thurs., Nov. 20 (+1 day) in Dec. crude oil. This remains the outlook. 2. Therefore, a buy stop/new long position is indicated at $75.28. Initial long position exit should be taken at/near $75.50, with further exit