09/10/2015 – S&P (Intraday Trade)

December S&P:

1. In today’s (Thursday, September 10) Williams edge live meeting it was noted that the normal position for today’s early December S&P rollover session was a decline and test of $1927. However, today’s early market was unable to complete this downside target.

2. The failure to decline indicated that today’s market was in a somewhat unusual position which would result in a breakout above $1945 and an advance to $1954. This same forecast was noted in our 12:24 CST live S&P messenger post.

3. Subsequently, the December S&P broke out above $1945 and made the run to the forecast $1954 profit target (today’s session high, $1955.50), completing the forecast/trade. Will message any further entry or indication in the December 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.