September S&P:
1. In yesterday’s (Tuesday, June 14) Williams edge meeting it was noted that the September S&P should test $2065 on the upside then decline and test/attempt $2053/$52 into the later session.
2. Subsequently, the September S&P advanced and completed the $2065 upside target (swing high, $2066) then reversed and spent much of the remaining session in a quiet sideways to lower movement which completed at $2054.75, slightly above the $2053/$52 downside target. This successfully completed the forecast/trade. With the September S&P unable to fully complete $2053/$52 this indicated internal strength and a likely daily bottom for the September S&P. Will message any further entry or indication in the September S&P.
David Williams