05/18/2016 – S&P Emini
June S&P:
1. In today’s (Wednesday, May 18) Williams edge Pro room and live meeting it was noted that the June S&P was expected to advance to $2052 then decline to $2045 which was buying territory for a later advance to $2054/$55.
2. Subsequently the June S&P advanced to a swing high of $2052, declined to the $2045 buying territory which prompted new long entry for the forecast advance to $2054/$55 completed shortly thereafter. This successfully completes the forecast/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.