Issued: 04/09/2015
June S&P:
1. In yesterday’s (Wed., April 8) live June S&P meeting, it was noted that while not an outright Roadmap, any hourly close above $2081 in the June S&P was expected to continue to advance and test/attempt $2094/$95 into Fri., April 10 (+/-1 day). Today’s (Thurs., April 9) closed both hourly and daily above $2081.
2. Therefore, the June S&P is in position for higher prices. However, our preference for taking advantage of this advance remains in tomorrow’s (Fri., April 10) intraday session and will be published and or messaged in the S&P live messenger.
3. Further, although considered unlikely, over the next 2 trading days there is a Wildcard indication for a test/attempt at $2115/$17 into Fri./Mon.. Because of the nature of wildcard indications, we are taking no action on it at this time. However, continued hourly closes above $2095 (if it occurs) in tomorrow’s (Fri., April 10) session would be an early indication for yet higher prices and may prompt new long entry. Will update.
David Williams
Issued: 04/21/2015
June S&P (late report):
1. In Wed., April 8 live June S&P meeting, it was noted that while not an outright Roadmap, any hourly close above $2081 in the June S&P was expected to continue to advance and test/attempt $2094/$95 into Fri., April 10 (+/-1 day). The Thurs., April 9 June S&P session closed both hourly and daily above $2081.
2. On Fri., April 10 the June S&P completed the forecast advance from $2081 to $2094/$95. Will message any further entry or indication in the June S&P.
David Williams