1. In today’s (Wednesday, August 12) Williams edge S&P meeting it was noted that our expectation was for lower prices into mid day with a test/attempt at $2045 indicated.
2. However, we noted that the September S&P has shown unusual behavior and that if the September S&P could trade above $2064 that would prompt new long entry for a test of $2071/$72.
3. The September S&P advanced above $2064 indicating new long entry for the run to $2071/$72. The S&P subsequently completed the $2071/$72 upside target, completing the forecast/trade. Will message any further entry or indication in the September S&P.