06/26/2015 – S&P (Intraday Trade)

September S&P:

1. Today’s (Friday, June 26) September S&P showed somewhat unusual behavior early in the day prompting a small loss in our original short position. However, later in the session the market broke to new lows completing the initial downside target at $2089 (and lower).

2. This signaled that the S&P was trading normally and prompted our 12:42 CST post. This post indicated that the September S&P (then trading at approximately $2090) would provide a tradable advance to $2096 into the late session.

3. Subsequently, the September S&P advanced and completed the $2096 upside target (swing high, $2096.25). This completes the trade. Will message any further entry or indication in the September S&P.

David Williams