05/01/2017 – S&P Emini
- May 1, 2017
- S&P Emini
June S&P:
1. In today’s (Monday, May 1) Williams edge plus room it was noted that $2381 was buying territory in the June S&P for an advance to $2387 initial profit target. A further advance to $2393/$94 was indicated for today’s/tomorrow session as final long position exit.
2. Subsequently, the June S&P declined to $2380.75 (prompting new long entry) and quickly advanced to complete the $2387 upside target (today’s session high, $2387.50, so far). This successfully completes the initial portion of the 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.