08/19/2016 – S&P Emini

September S&P:

1. In today’s (Friday, August 19) Williams edge meeting it was noted that failure at $2181 in the September S&P would okay provide a tradable decline to $2175 into mid day.

2. Subsequently, the market tested $2181 (swing high, $2181.50) and declined to $2175 downside target (swing low, $2175.75, so far). This successfully completes the forecast/trade. Will message any further entry or indication in the September S&P.

David Williams