04/27/2017 – S&P Emini
June S&P:
1. In today’s (Thursday, April 27) Williams edge Pro session it was noted that new short entry could be taken in the June S&P at $2386 with $2380 as the initial downside target and $2377/$76 as final target. The June S&P then advanced to $2387.50, prompting our $2386.00 new short entry.
2. Subsequently, the June S&P declined and completed the $2380.00 initial downside target (session low, $2378.75). The market subsequently advanced and stopped out our remaining 1/2 position at $2387.50, resulting in a gain on the overall position. Will message any further entry or indication in the 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.