Issued: 04/23/2014
June S&P 500
1. Any test of and hourly close above $1867 (or slightly lower) in today’s early June S&P session should be considered for new long entry for an advance and later day test/attempt at $1879 (or higher).
2. Give the market time to test and confirm as noted above before new long entry. Will update.
David Williams
Issued: 04/23/2014
June S&P 500:
1. If long the June S&P based on today’s earlier June S&P update, be sure to use an intraday protective sell stop at or below $1866 and begin moving it higher after completion of today’s 3rd hour.
David Williams
Issued: 04/23/2014
June S&P 500:
1. Today’s June S&P 500 completed the forecast advance from $1867 to $1879 (or higher) noted in today’s previous update (today’s session high, $1880.75). This completes the trade.
2. Aggressive can continue to hold any remaining long position for the possibility of higher prices in tomorrow’s (Thursday, April 24) session.
3. Aggressive should move the protective sell stop to at least $1872 if holding into tomorrow’s session.
David Williams