05/23/2017 – S&P Emini
June S&P:
1. In today’s (Tuesday, May 23) Williams edge live meeting (and Pro room) it was noted that any test and firming at $2394/$93 in the June S&P could be bought for an advance and test of $2398/$2400, expected into mid day.
2. Subsequently, the June S&P declined and firmed up on the $2394/$93 level (today’s swing low, $2392.00, so far) and then advanced and completed the $2398/$2400 upside target (today’s swing high, $2399.50, so far). 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.