07/08/2014 – S&P Emini
Issued: 07/09/2014
September S&P:
1. Yesterday’s (Tuesday, July 8) September S&P update indicated the likelihood of a test of $1965 in today’s early session.
2. Today’s early session advanced and made a swing high of $1965.25 (so far), completing the forecast.
3. How today’s session handles the $1965.00 upside target (or slightly higher) remains important and may prompt new short entry. Will update.
David Williams
Issued: 07/08/2014
September S&P 500:
1. The next important daily market bottom for the September S&P is expected on Thursday, July 10 (+/-1 day).
2. A test of $1957/$56 (or lower) is expected during the formation of this bottom. Will update.
David Williams
Issued: 07/08/2014
September S&P 500:
1. Our previous report indicated that July 10 (+/1 day) as the next important daily bottom in the September S&P. We are adjusting this to July 9 (+/-1 day). Will update.
David Williams
Issued: 07/08/2014
September S&P:
1. Today’s September S&P session gave the earliest indication for a possible one day early bottom based upon the forecast July 9 (+/-1 day) daily market bottom.
2. If the above is correct and the bottom occurred today, the market will test $1965 (or higher) in tomorrow’s early session. Will update in tomorrow’s session.
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.