05/04/2016 – S&P Emini

June S&P:

1. In today’s Williams edge live meeting (and Pro room) it was noted that today’s June S&P could be shorted at $2053 for further decline to $2041 and then to drift sideways to lower into later today at $2039/$38. Additionally, a test/attempt at $2035/$34 was indicated into Thursday, May 5.

2. Subsequently, the June S&P advanced to $2053.50 which triggered new short entry. The market declined to the $2041 main target and later in the session drifted sideways to lower and completed the $2039/$38 downside target (today’s session low, $2039.00, and so far). This successfully completes the forecast/trade, barring the potential for lower prices into tomorrow, noted earlier. Will message any further entry or indication in the June S&P.

David Williams