06/13/2016 – S&P (Intraday Trade)

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