05/11/2016 – S&P Emini

June S&P:

1. In today’s (Wednesday, May 11) Williams edge S&P meeting it was noted that the June S&P (then trading at approximately $2071) had indicated that it would likely be trading at $2061 during today’s 2nd three-hour period.

2. Although the market remained very quiet, it began to break below $2068 which was noted as important short selling territory and completed the $2061 downside target (today’s session low, $2061.25, so far). This successfully completes the forecast/trade. Will message any further entry or indication in the June S&P.

David Williams