08/18/2019 – S&P Emini
September S&P:
1. In last Wednesday 08/14 Williams edge plus session it was noted to buy the September S&P at $2876 for advance to $2882 initial target.
2. Subsequently, the S&P advance to the $2882 upside target but later reversed stopping out any remaining position which prompted our stop and reverse to new short position for continued decline to $2863, then $2857 final target.
3. Subsequently, the S&P continue to decline and completed both the $2863 and $2857 downside targets (swing low, $2856.25. This successfully completes the forecast/trade.
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.