05/10/2017 – S&P Emini

June S&P:

1. In yesterday’s (Wednesday, May 10) Williams edge live meeting it was noted that any later session test and failure at $2395/$96 would be followed by a tradable decline to $2391/$90.

2. Subsequently, the June S&P continued to test the $2395/$96 selling territory (swing high, $2397.00) and then in today’s (Thursday, May 11) Globex (overnight) session completed the forecast decline to the $2391/$90 downside target (today’s Globex session low, $2388.00, so far). This successfully completes the forecast/trade. Will message any further entry or indication in the June S&P.

David Williams