08/18/2015 – S&P (Intraday Trade)
- August 18, 2015
- S&P (Intraday Trade)
September S&P:
1. In today’s Williams edge live meeting (and earlier in our S&P messenger product) we noted that the September S&P was expected to retest $2092/$00 during today’s 3rd hour. No hourly close above $2099 was expected prior to this occurrence.
2. Subsequently, the September S&P advanced and tested the $2099 level before reversing and attempting completion of the $2092 downside target during today’s 3rd hour (3rd hour swing low, $2093, so far). This completes 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.