December S&P:
1. In yesterday’s (Thursday, September 17) Williams edge live meeting (and in the later S&P messenger 3:04 CST post) it was noted that once the December S&P completed its forecast advance from $1950 to $1994/$96 (and possibly $2005/$07) the S&P should be sold short upon any hourly close below $1978/$76 for a fast decline to $1950 into today (Friday, September 18).
2. Subsequently the December S&P advanced and completed $1994/$96 and $2005/$07 level before reversing and breaking the $1978/$76 selling territory. Today (Friday, September 18) the S&P declined sharply and completed the $1950 downside target (today’s pit session low, $1949.00, so far). This completes the forecast/trade. Will message any further entry or indication in the December S&P.
David Williams