Issued: 09/11/2015
December S&P:
1. The normal position for the December S&P into Monday, September 14 (+/-1 day) is a test/attempt at $1906/$94 (or lower).
2. Continued hourly and especially a daily close below $1928 will further confirm the above decline.
3. Will message protective stop, initial exit etc. as the market confirms as noted above.
David Williams
Issued: 09/17/2015
December S&P:
1. Our previous December S&P report noted that Friday’s September 11 daily close above $1950 was the earliest indication for a test/attempt at $1994/$96 (or higher) into early this week.
2. Subsequently, the December S&P advanced powerfully and completed the $1994/$96 (and higher) upside target, completing the forecast/trade. Will message any further entry or indication in the December S&P.
David Williams
Issued: 09/13/2015
December S&P:
1. Friday’s (September 11) December S&P report noted that continued hourly and especially a daily close below $1928 would indicate a decline and test/attempt at $1906/$94 into Monday, September 14 (+/-1 day).
2. However, Friday’s session closed well above $1928 on both hourly and daily (Friday’s close, $1952.25), negating the indicated decline, for now.
3. Friday’s daily close above $1950 was the earliest indication for a test/attempt at $1994/$96 (or higher) into early next week. Will message any new entry based upon this outlook as the market confirms in Monday’s (September 14) session.
David Williams