Crude Oil

Nov. crude oil: 1. Our previous Thurs., Sept. 11 Nov. crude oil forecast indicated new short entry between $92.40/$65 for a forecast decline to $90.65 (or lower). 2. For trading purposes, both our $91.90 initial and $91.25 secondary profit targets were reached. However, our remaining position (intended to be held for at/near $90.65 final downside […]

Issued: 09/11/2014 Nov. crude oil: 1. Continued test and 240 minute or especially a daily close below either $92.40 – $65 makes those levels short selling territory for a tradable multi-day decline and test/attempt at $90.60 (or lower). 2. Aggressive can sell short upon any touch and hourly close below $92.40 – $65. 3. Initial

Dec. crude oil: 1. In recent Williams edge live meetings it was noted that crude oil was expected to make new recent lows (below $91.51) on or prior to Sept. 11 2014. 2. Today’s session (Mon., Sept. 8) broke to new recent lows (session low, $90.97, so far), completing the forecast. Much lower prices remain

Issued: 08/28/2014 Oct. crude oil: 1. As noted in recent Williams edge live meetings, crude oil is expected to attempt higher prices (including $95.00, or higher) into Aug. 27 (+/-1 day). 2. Today’s (Thursday, Aug. 28) session is attempting higher prices. Aggressive can go long upon any subsequent test and hourly close above $94.33. 3.

September crude oil: 1. With prices at $99.42, our July 30 September crude oil update indicated sharply lower prices coming, including $95.50 (initial) then $84/$82 (or lower). 2. Yesterday’s (Thursday, Aug. 14) September crude oil session declined sharply and completed the $95.50 downside target (session low, $95.26). This is an important downside completion. Will message

Issued: 08/03/2014 September crude oil: 1. September crude oil recently broke out on the downside, indicating the likelihood of substantially lower prices noted in our previous July 30 report. 2. Any further test/attempt at $98.60/$70 (or higher) into early next week remains important and may prompt new short entry. No action is indicated at this

September crude oil: 1. Today’s September crude oil declined below $100.55 which is the weaker position short-term. 2. Therefore, we feel it’s prudent to exit any long crude oil positions at this time (current price, $100.19). Will update. David Williams

Issued: 07/21/2014 September crude oil: 1. The month of Aug. 2014 (+/-1 month) is the next important forecast monthly bottom in crude oil. This bottom likely occurred 1 month early (in July, 2014) during the forecast July 14 weekly bottom. 2. Further evidence of the Aug. 2014 bottom occurring 1 month early will be any

Issued: 07/16/2014 Aug. crude oil: 1. Aug. Crude oil recently completed our forecast $99.50 downside target (recent session low, $99.01) noted in previous updates and has reversed to the upside. 2. Under normal conditions, continued hourly and especially a daily close below $101.25 today (Wed., July 16) will indicate new short entry for a tradable