07/19/2017 – S&P Emini
September S&P:
1. In Tuesday’s (July 18) Williams edge live meeting it was noted that new short entries could be taken in the September S&P at $2459.00 for expected further decline.
2. However, the September S&P broke out on the upside, stopping our $2459 short entry out at $2463. Then, new long entry was taken at $2463 for a forecast advance to $2468/$69 (initial profit target), then $2473/$74 (final profit target) expected to complete into today, Thursday, July 20.
3. Subsequently, the September S&P advanced from our $2463.00 stop and reverse long entry and completed the $2468/$69 initial long position exit. Today (Thursday, July 20) the September S&P completed the forecast $2473/$74 final profit target (today’s session high, $2475.25, so far). This successfully completes the forecast/trade. Will message any further entry or indication in the September 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.