12/09/2018 – S&P Emini
December S&P:
1. In last Thursdays (12/06) Williams edge plus session it was noted to sell the December S&P shorted $2658/$59 for a tradable decline to $2643 initial and $2633 final exit. Aggressive traders were indicated to hold the remaining position for $2624.
2. Subsequently, the December S&P made a swing high of $2658.75 (against the $2658/$59 selling territory) then declined lower and quickly completed the $2643 and $2633 final target, along with the $2624 aggressive final target (swing low, $2621.25). This successfully completes the forecast/trade.
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.