04/13/2017 – S&P Emini
June S&P:
1. In today’s (Thursday, April 13) Williams edge live meeting it was noted that the June S&P (then trading at approximately $2343/$44) was likely to decline and test $2338/$37 later in the session. This would be true even if the market had advanced as high as $2347 and failed at that level (which it did not).
2. Subsequently, the June S&P declined and completed the $2338/$37 downside target and lower (today’s session low, $2330.25, so far). This successfully completes the forecast/trade. Will message any further entry or indication in June 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.