06/15/2017 – S&P Emini
September S&P:
1. In today’s (Thursday, June 15) Williams edge live meeting (and live trading room) it was noted that a $2418 was buying territory/support for a 2 step advance to $2426 initial upside target, then a test of $2429 expected into mid day.
2. Subsequently, the September S&P made a swing low of $2416.25 but closed the hour slightly above $2418 support and then quickly advanced to complete the $2426 upside initial target. The market declined off $2426 and then advanced into mid day to complete the $2429 midday upside target (swing high, $2429.00, so far). This successfully completes 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.