06/26/2017 – S&P Emini
September S&P:
1. In today’s (Monday, June 26) Williams edge Pro session it was noted that the September S&P was expected to continue to advance higher and test $2447/$48 on the upside. That level ($2447/$48)was indicated as short selling territory for a decline back to $2438/$37.
2. Subsequently, the September S&P advanced to $2447.50 (against the $2447/$48 target/selling territory). New short entries were taken at approximately $2447 and shortly thereafter the market declined to $2438/$37 downside profit target (today’s session low, $2435.50, 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.