05/07/2015 – S&P

  • S&P

Issued: 05/05/2015

June S&P:

1. In last week’s Williams edge live meetings it was noted that Mon., May 4 was expected to start an important multi-day directional move.

2. Yesterday (Mon., May 4) the June S&P topped at $2115 and today’s (Tues., May 5) session declined sharply, giving the earliest possible confirmation that the larger directional decline is underway. If further confirmation occurs in tomorrow session, such a decline would ultimately take the June S&P into the $2050 range, or lower.

3. However, until then we remain flat, awaiting further confirmation in tomorrow’s (Wed., May 6) session. Will update.

David Williams

Issued: 05/07/2015

June S&P:

1. In last week’s Williams edge live meetings (and recent report) it was noted that Mon., May 4 was expected to start an important multi-day directional move. This decline was forecast to take the June S&P down into the $2050 range, or lower.

2. Today (Thurs., May 7) the June S&P broke to new recent lows and completed the the $2050 range (today’s session low, $2057). This completes the forecast. 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.