06/27/2016 – S&P (Intraday Trade)

September S&P:

1. In today’s (Monday, June 27) session it was noted that the September S&P could be sold short upon any break of $1988 for a follow-through decline and test/attempt at $1980/$78.

2. Subsequently, the September S&P broke the $1988 short entry level and in a choppy decline completed the majority of the forecast decline to $1980/$78 (subsequent session low, $1981.50. This successfully completes the forecast/trade. Will message any further entry or indication in the September S&P.

David Williams