08/05/2015 – Russell 2000 index
- August 5, 2015
- Russell 2000 index
September Russell 2000 index:
1. In yesterday’s (Tuesday, August 4) Williams edge live meeting it was noted that the September Russell index was expected to remain above $1221 which would indicate new long entry for a test of $1242.
2. The subsequent swing low was $1222 where the September Russell reversed and today (Wednesday, August 5) advanced quickly to complete the $1242 upside target (today’s session high, $1241.70). This completes the forecast/trade.
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.