08/15/2016 – S&P Emini

September S&P:

1. Since Thursday, August 11 in our Williams edge live meetings it was indicated that the normal position for the September S&P was for further advance and completion of both $2188/$90 then $2194/$96.

2. Subsequently, the market required more time than originally expected but did today (Monday, August 15) complete the $2188/$$90 initial upside target (today’s session high, $2190.75, so far). This completes the initial portion of the trade. higher prices remain likely. Will update.

David Williams