04/23/2017 – 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