06/21/2017 – S&P Emini
September S&P:
1. In today’s (Wednesday, June 21) Williams edge Pro session it was noted that the Septembers S&P was expected to test $2439 in today’s 2nd hour which would be shorting territory for a quick decline to $2431.
2. Subsequently, the September S&P advanced in the 2nd hour and completed the $2439 upside target/selling territory (2nd hour swing high, $2440). The market reversed sharply lower and quickly completed the $2431 downside target (today’s session low, ($2430.50, 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.