11/01/2016 – S&P Emini
December S&P:
1. In today’s (Tuesday, November 1) Williams edge meeting it was noted that while not an outright forecast, there was a good possibility that the December S&P would continue to decline from the then current price of $2115 to $2109/$07 (or lower). Therefore, this was suggested for aggressive traders only.
2. Subsequently, the December S&P declined further and completed the $2109/$07 downside targets (and lower). Today’s session low has been $2103.50, so far. This successfully completes the indication. Will message any further entry or indication in the December S&P.
David Williams
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.