05/14/2015 – S&P Emini
June S&P:
1. In both Wed. and Thurs. Williams edge S&P and futures meetings (and in our live S&P messenger window) it was noted that any hourly close above $2111 in the June S&P would indicate a continued advance to all-time new highs and a test of $2123 into Fri., May 15.
2. In yesterday’s (Thurs., May 14) June S&P session the market closed hourly above $2111, indicating new long entry for the advance to $2123 into Fri., May 15. Today, Fri., May 15 the June S&P completed the $2123 upside target, with today’s session high at $2122.75, so far. This completes the trade. 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.