06/30/2017 – S&P Emini
September S&P:
1. In today’s (Friday, June 30) Williams edge Pro session it was noted that an hourly close below $2422 would indicate a tradable decline to $2417/$16.
2. Subsequently the September S&P was only able to reach $2418.50. It was noted that because of the non-completion of $2417/$16 any subsequent hourly close back above $2423 would then indicate an advance to $2428. The hourly closed above $2423 and today’s later session completed the $2428 upside target (session high, $2420.25). While difficult to trade, this completes the forecast. 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.