06/27/2016 – S&P (Intraday Trade)

September S&P:

1. In today’s (Monday, June 24) Williams edge Pro session it was noted that new short entry was indicated at $2003 (or higher) for a tradable decline to $1992/$91. The live messenger window also noted that a test/attempt at $1992/$91 was indicated.

2. Subsequently, the September S&P advanced to $2003.75 and reversed lower and completed the $1992/$91 downside profit target (today swing low, $1988.50, 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.