08/12/2015 – S&P Emini
September S&P:
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.
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.