Issued: 06/05/2014
June S&P:
1. The June S&P continues its runaway bull trend.
2. Although not an outright forecast, any further test of and daily close below $1943 is important and may prompt new short entry. Will update as the market continues to confirm.
David Williams
Issued: 06/10/2014
June S&P:
1. In Monday’s (June 9) Williams edge live meeting two scenarios were laid out for the S&P into Tuesday, June 10.
2. The alternate scenario called for the June S&P to decline and test $1943 on Tues, June 10 and close the day above that level, then continue a multi-day upward movement.
3. Today’s (Tuesday, June 10) session completed the alternate scenario by declining to $1943 (session low, $1943) and later closing the day at $1951.50. Therefore, the market remains in the stronger position with higher prices likely. Any daily close below $1943 may change the above outlook. Will update.
David Williams
Issued: 06/06/2014
June S&P:
1. Today’s June S&P continued on the recent forecast advance and completed the $1943 upside target noted in yesterday’s (Thursday, June 5) update (today’s session high, $1947.00, so far).
2. From today (Friday, June 6) forward, daily closes in the June S&P above $1943 are the stronger position and the earliest indication for a finishing advance and test/attempt at $1961/$63 into next week (week of June 10).
3. Any daily close below $1943 (by more than a small amount) will likely negate the $1961/$63 indication noted above and may prompt a tradable decline. Will update as the market confirms.
David Williams
Issued: 06/16/2014
Aug. S&P:
1. The recent June S&P broke below the critical $1943 level (noted when the June contract was active) and has completed the majority of the decline to both $1928/$27 and $1915 noted in recent Williams edge meetings (Thursday, June 12 session low, $1917.50). These completions occurred in the new incoming Aug. S&P contract.
2. Watch for any advance and test of $1935/$36 (or higher) into Tuesday, June 17 (+/-1 day). While not intended as a trade, such advance may set a further set up into motion. Will update.
David Williams
Issued: 06/17/2014
September S&P:
1. Yesterday’s (Monday, June 16) report forecast a test of $1935/$36 in the September S&P into today, Tuesday, June 17 (+/-1 day).
2. Today’s (Tuesday, June 17) session advanced, making a swing high of $1935.00, before reversing lower (today’s session low, $1923.75, so far).
3. Although not intended as a trade, today’s completion and reversal at $1935 is important and may set further trades into motion. Will update.
David Williams