08/18/2017 – S&P Emini
September S&P:
1. In today’s (Friday, August 18) Williams edge live meeting and live trading room it was noted that although the September S&P was moving lower a first hourly close above $2423 indicated a test of $2432 in today’s 2nd hour, wand a possible test of $2440 into mid day.
2. Subsequently, the September S&P closed the first hour at $2424.25 and in the 2nd hour completed the $2432 upside target (2nd hour swing high, $2431.25). The market subsequently moved higher and completed the $2440 midday test with today’s session high at $2439.50. The successfully 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.