08/27/2014 – S&P Emini

Issued: 08/28/2014

September S&P 500:

1. Today’s September S&P declined further and triggered our recently adjusted $1992.50 protective sell stop. This resulted in an approximate breakeven on the entire position.

2. A daily close today above $1988 is the stronger position, below $1988, the weaker position. Will message any further entry or indication as the market confirms.

David Williams

Issued: 08/25/2014

September S&P 500:

1. Friday’s (Aug. 22) session closed below the recent $1991 upside target but above the critical $1986 level, leaving the market in a neutral position with regard to potential new short entry noted in the previous update.

2. Today’s September S&P broke out above the critical $1991 upside target noted in recent updates and has completed the first important upside breakout target at $1997/$98 (this is the first notification of that level).

3. Further confirmation above the previous $1991 target indicates further advance and a test/attempt at $2000, then $2009/$11.

4. Aggressive can go long at the market (current price $1996.50).

5. Initial protective sell stop should be placed at $1987. This stop will be moved higher as the market continues to confirm. Will message any subsequent ordinary (non-aggressive) long entry.

David Williams

Issued: 08/25/2014

September S&P 500:

1. If long from $1996.50 (noted earlier in previous update) partial long position exit should be taken at/near $2000, noted in the report.

2. Further long position exit should be taken at/near $2004. Final long position exit should be taken at/near $2009.

3. Our protective sell stop has been raised to $1991.00. Will update.

David Williams

Issued: 08/20/2014

September S&P 500:

1. Any further test of and daily close below $1986 in the September S&P will indicate new short entry for fast decline and test/attempt at $1971/$70 (or lower) into late this week/early next week (week of Aug. 25).

2. Any such test of $1986 in the September S&P may include a spike to $1990/$91 before closing daily below $1986. However, a daily close above $1986 will likely negate the above trade. Will update as the market confirms.

David Williams

Issued: 08/21/2014

September S&P 500:

1. Today’s September S&P 500 advanced and tested the critical $1990/$91 upside target noted in yesterday’s (Wed. Aug. 20) report. Today’s session high was $1992.00.

2. Today’s daily close above $1986 is the stronger position, as noted in yesterday’s report. However, should tomorrow’s (Friday’s Aug. 22) session continue to struggle with $1990/$91 (or slightly higher), new short entry may again be indicated (in a subsequent report) for further decline and test/attempt at $1978, then $1972/$70.

3. Therefore, tomorrow’s session remains critical (along with Monday, Aug. 25) with regard to the above. Will update as the market confirms.

David Williams

Issued: 08/26/2014

September S&P 500:

1. Monday’s (Aug. 25) September S&P 500 update indicated aggressive new long entry at $1996.50 and partial long position exit at/near $2000.

2. Higher prices remain likely, including a test/attempt at $2005, then $2009/$11, as noted in the report.

3. Any subsequent test and hourly close above $1995/$94 in tomorrow’s Wed., Aug. 27 session will indicate new long entry for those not already long.

4. Our protective sell stop remains at $1991. This stop will be moved higher as the market continues to confirm.

David Williams

Issued: 08/27/2014

September S&P 500:

1. Yesterday’s (Tuesday, Aug. 26) September S&P report indicated that (for those not already long) new long entry was indicated upon any test and hourly close above $1995/$94 in today’s (Wed., Aug. 27) session.

2. Today’s first hour made a session low of $1994.75 and closed the hour at $1995.50 indicating new long entry, as noted in the report.

3. Initial long long position exit should be taken at current prices (current price, $1999).

4. Our protective sell stop remains in $1991. The stop will be moved higher as the market continues to confirm. Will update.

David Williams

Issued: 08/27/2014

September S&P 500:

1. We remain long the September S&P 500 from $1995.50 – $1996.50.

2. Our protective sell stop has been raised to $1992.50. This stop will continue to be moved higher as the market continues to confirm.

David Williams