04/07/2016 – S&P Emini
- April 7, 2016
- S&P Emini
June S&P:
1. In yesterday’s (Wednesday, April 6) Williams edge live meeting (and subsequent 2:18 CST live messenger post) it was noted that any failure in the June S&P at $2057/$58 (including a possible test of $2061/$62) would prompt a tradable decline to $2040/$38 into Friday, April 8 (-1 day).
2. In today’s (Thursday, April 7) live S&P meeting it was noted that aggressive shorts could continue to hold for the possibility of a test of $2030/$28 final profit taking target. Subsequently, the June S&P declined and completed the $2030/$28 downside target. This successfully completes the forecast/trade. 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.