04/28/2017 – S&P Emini
June S&P:
1. In today’s (Friday, April 28) Williams edge live meeting it was noted that a failure at $2385 in the June S&P would result in a decline to $2379 (initial target) then a test/attempt at $2377/$76.
2. Subsequently, the June S&P declined slowly and completed the $2379 downside target (swing low $2379.25). Later in the session the June S&P completed the majority of the $2377/$76 final downside target (today’s session low, $2378.25). 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.