09/24/2015 – S&P
Issued: 09/22/2015
December S&P:
1. In Mondays (September 21) Williams edge live meeting it was noted that any confirmed breakout below $1946 or $1942 would indicate substantially lower prices including a test/attempt at $1905/$03 (or lower).
2. The above remains the outlook, for now. From this point forward there should be no hourly or especially daily closes above $1949 until the completion of $1905/$03 (or lower) occurs. Will update in tomorrow’s (Wednesday, September 23) live messenger window.
David Williams
Issued: 09/24/2015
December S&P:
1. In Mondays (September 21) Williams edge live meeting it was noted that any confirmed breakout below $1946 or $1942 would indicate substantially lower prices including a test/attempt at $1905/$03 (or lower).
2. Although the December S&P took it’s time, today’s (Thursday, September 24) December S&P completed the forecast decline from $1946-$1905/$03 (today’s session low, $1902.50, so far). This successfully completes 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.