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