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09/08/2015 – S&P Emini

  • September 8, 2015
  • S&P Emini

Issued: 09/07/2015

September S&P:

1. During last week (week of August 31) it was noted that continued daily closes above $1910 in the September S&P were the stronger position for an advance and possible test/attempt at $1980/$82 (or higher) into early this week (week of September 8).

2. From this point forward, any hourly, 2 hour or especially daily close above $1949 will prompt new long entry in the September S&P for further advance and test/attempt at $1980/$82 noted above. No new entry is indicated until that occurs. Will update.

David Williams

Issued: 09/08/2015

September S&P:

1. During last week (week of August 31) it was noted that continued daily closes above $1910 in the September S&P were the stronger position for an advance and possible test/attempt at $1980/$82 (or higher) into early this week (week of September 8).

2. If long from today’s (Tuesday, September 8) hourly or 2 hour close above $1949 (noted in our previous report) partial long position exit should be taken at current prices (current price $1957.50).

3. A protective sell stop should be placed at $1943. This stop will be moved higher as the market continues to confirm.

David Williams

Issued: 09/09/2015

September S&P:

1. Today’s (Wednesday, September 9) September S&P completed the forecast advance from $1910 to $1980/$82 (or higher) into early this week (week of September 8).

2. Final long position exits were taken at/near $1980/$82, as noted in previous reports, resulting in a successful trade. Higher prices remain possible. 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.

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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.
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