Crude Oil

Aug. crude oil: 1. In Friday’s July 11 Williams edge live meeting it was noted that crude oil (then trading near $101.70) would likely continue to decline and test both $100.50 into Monday, July 14, then $99.50 (or lower) into Thursday, July 17 (+/-1 day). 2. Today’s (Tuesday, July 15) session completed the $99.50 downside […]

Aug. crude: 1. In Friday’s (July 11) Williams edge live meeting, it was noted that crude oil (then trading near $101.70) would likely continue to decline and test both $100.50 into Monday, July 14, then $99.50 (or lower) into Thursday, July 17 (+/-1 day). 2. Fridays (July 11) session completed the $100.50 initial downside target

Issued: 07/07/2014 Aug. crude oil: 1. Our Wed., July 2 report forecast further decline in Aug. crude oil from $104.20 to $103.68 then $103.44 as the final downside target (or lower). 2. On Thursday, July 2 the $103.68 downside target was completed (session low, $103.67) and today the market completed the $103.44 final target (today’s

Aug. crude oil: 1. In yesterday’s (Monday, July 7) Williams edge live meeting it was noted that a daily close above $103.40/$45 in Aug. crude oil would indicate a quick advance to at/near $103.92 into Wed. July 9 (+/-1 day). 2. Yesterday’s (Monday, July 7) session closed at $103.39, just one tick below the $103.40

Issued: 06/09/2014 July crude oil: 1. Today’s July crude oil continued on the recent forecast advance, making a session high of $103.70 (so far). 2. Self-directed traders based upon the Wed., June 4 update should exit a further portion of their long position from $102.46 (or higher) at current prices (current price, $103.54). 3. Our

Issued: 06/04/2014 July crude: 1. Our Tuesday, June 3 July crude update indicated new long entry at/near $102.60/$.50 based upon the forecast Monday, June 2 (+/-1 day) daily market bottom. 2. Today’s (Wed., June 3) session bottomed at $102.69, not quite close enough to trigger official new long entry. 3. However, self-directed longs based upon

Issued: 05/28/2014 July crude oil: 1. Watch for any further test/attempt at/near $103.10 (on the downside) in July crude oil into Thursday, May 29 (+/-1 day). Any such test is important and may prompt new long entry. Will update as the market continues to confirm. David Williams Issued: 05/28/2014 July crude: 1. Today’s (Wed., May

Issued: 05/18/2014 July crude oil: 1. Although not actionable just yet, there are several early indications for July crude to trade up at/near $102.25/$30 next week (week of May 19). 2. Hourly and especially a daily close above $101.73 will be further indication of the above noted advance likely underway. Will update as the market