04/26/2015 – S&P (Intraday Trade)

June S&P:

1. In Fridays (April 24) live S&P meeting it was noted that the June S&P, having been unable to touch $2105 early on was expected to break out to new highs into mid day.

2. While not a direct trading instruction, the above served as a roadmap for the most likely market behavior into mid day.

3. Subsequently, the June S&P rallied and broke out to new highs into mid day, making a session high at $2114.75 against our recent $2115 upside target. Will message any further entry or indication in the June S&P.

David Williams