11/01/2019 – S&P Emini
December S&P:
1. In Wednesdays 10/30 Williams edge session it was noted that on the following day (Thursday 10/31) at the S&P should touch 2 distinct prices, $3052 on the upside and $3017 on the downside. It was noted that should the $3052 price be touched first a fast decline to $3017 would follow.
2. Subsequently, on Thursday 10/31 the S&P made a swing high of $3052.00 then quickly declined and completed all but the last 3 points of the $3017.00 downside target (swing low $3020.25. 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.