04/23/2017 – S&P Emini
- April 23, 2017
- S&P Emini
June S&P:
1. In Fridays (April 21) Williams edge live meeting it was noted that the June S&P (then trading at approximately $2350.00) was expected to test $2350/$51 late in the session. Therefore, any important decline would be buying territory for the advance and test of $2350/$51.
2. Subsequently, the June S&P declined to $2340.50 at mid day, and later in the session advanced back to complete the $2350/$51 upside target (late session swing high, $2349.50). 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.