1. In today’s (Wednesday, June 14) Williams edge live meeting it was noted that under normal conditions $2438/$41 was new short entry for a tradable decline to $2427/$26 expected into late today/early tomorrow.
2. Subsequently, the September S&P advanced to $2440.75 and reversed lower in response to today’s Fed interest rate announcement. The market completed the $2427/$26 downside target (today’s session low, $2425.75). This successfully completes the forecast/trade. Will message any further entry or indication in the September S&P.