04/20/2016 – S&P (Intraday Trade)

June S&P:

1. In today’s (Wednesday, April 20) Williams edge live meeting (and live messenger window) it was noted that any confirmed breakout above $2095 would advance first to $2099/$2100, then $2104/$05.

2. Subsequently, the June S&P broke out above $2095 and completed the $2100 upside target. Shortly thereafter the market completed the $2104/$05 final profit target (today’s session high, $2105.25, so far). 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.