Issued: 05/03/2016
June Swiss franc:
1. The following is not intended to be traded. However, should the following indication work out as expected it will help in future trade setups for the June Swiss franc.
2. Continue daily closes below $105.56 in the June Swiss franc will indicate a tradable decline and test/attempt at $104.65/$60 into Thursday, May 5. Will update as the market confirms.
David Williams
Issued: 05/04/2016
June Swiss franc:
1. Our previous June Swiss franc report indicated that daily closes below $105.56 in the June Swiss franc would indicate a tradable decline and test/attempt at $104.65/$60 into Thursday, May 5.
2. Today (Wednesday, May 4) the June Swiss franc declined and completed the $104.65/$.60 downside target. While not intended to be traded this decline helps further our understanding of this important market. Will message any further entry or indication in the June Swiss franc.
David Williams