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