10/26/2014 – S&P Emini
Dec. S&P 500:
1. In Friday’s (Oct. 24) Williams edge live meeting, with the Dec. S&P trading at approximately $1953/$54 it was noted that the next important upside price target expected into early next week (week of Oct. 27) was $1961.00
2. Friday’s late session continued on the advance and completed the $1961.00 upside target (Friday’s session high, $1961.25). This somewhat early completion of the $1961.00 upside target is generally bullish. Further update will be given in Monday’s live meeting/reports.
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.