06/13/2016 – S&P Emini
September S&P S&P:
1. In yesterday’s (Monday, June 13) Williams edge live meeting it was noted that the September S&P (then trading at approximately $2081) was expected to advance to $2086 (or slightly higher) then come down to $2081/$80. If the market broke $2080 a further decline was forecast to $2076/$75.
2. Subsequently, the September S&P advanced from $2081 up to $2086 (and higher) which was shorted in the Pro trading room for the forecast decline to $2081/$80. The market then failed at $2080 which indicated the further decline to $2076/$75 (which occurred with yesterday’s session low at $2075.75), successfully completing the forecast/trade. Will message any further entry or indication in the September 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.