08/20/2015 – S&P Emini
Issued: 08/20/2015
September S&P:
1. Today’s (Thursday, August 20) September S&P further confirmed our forecast for an August 18 daily top with the expectation of a powerful multi-day decline, noted in our live meetings..
2. Continued hourly closes below $2042 indicate further decline and test/attempt at $2008/$05 (or lower) into tomorrow’s session. Will message any new entry based upon this as the market continues to confirm.
David Williams
Issued: 08/21/2015
September S&P:
1. Yesterday’s (Thursday, August 20) September S&P report indicated that continued hourly closes below $2042 would indicate further tradable decline and test/attempt at $2008/$05 (or lower) into Friday, August 21. The then current price of the September S&P was $2027.
2. Today (Friday, August 21) the September S&P declined sharply and completed the $2008/$05 downside target (today’s session low, $2007.50, 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.