06/16/2017 – S&P Emini
September S&P:
1. In today’s (Friday, June 16) Williams edge live meeting and Pro room it was noted that $2421/$20 was support and buying territory in the September S&P for new long position for advance to $2426, then $2428.
2. Subsequently, the September S&P declined to a session low of $2420.25, triggering new long entry. The market reversed higher and completing the $2426 and $2428 upside target (swing high, $2428.50). 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.