June S&P:
1. In Fridays (May 26) Williams edge S&P meeting it was noted that Fridays 3rd hour was expected to decline to $2412, then advance to $2416 into the 6th hour. It was noted that Friday’s pre-holiday low volatility might delay either of these completions.
2. Subsequently, the June S&P declined to $2412 in the 3rd hour as forecast (swing low, $2411.75). The June S&P then reversed higher and today (Tuesday, May 29) (2 trading hours after Friday’s 6th hour) completed the $2416 upside target (Globex session high, $2417.00). This successfully completes the forecast/trade. Will message any further entry or indication in the June S&P.
David Williams