05/17/2016 – S&P Emini

June S&P:

1. In today’s (Tuesday the May 17) Williams edge live meeting it was noted that the June S&P could be sold short between $2059/$61 for a later session decline to $2054.

2. Subsequently, the June S&P advanced to $2060.50 (prompting new short entry) followed by the June S&P declining and completing the $2054 downside target (swing low, $2053.00). This successfully completes the forecast/trade. Will message any further entry or indication in the June S&P.

David Williams