07/12/2016 – S&P (Intraday Trade)

September S&P:

1. On Friday, July 8 in our Williams edge meeting (and subsequent live messenger posts) it was noted that the breakout above $2097 in the September S&P was expected to advance to $2138/$40 (initial target), then $2148/$50. The current market was trading at approximately $2112.

2. Subsequently, the September S&P advanced and today (Tuesday July 12) the September S&P completed the $2148/$50 upside target (today’s session high, $2149.00, so far). This successfully completes the forecast/trade. Will message any further entry or indication in the September S&P.

David Williams