10/09/2017 – S&P Emini
December S&P:
1. In today’s (Monday 10/09) Williams edge plus room it was noted that the December S&P could be sold short at/near $2550/$51 for an initial decline to $2545 (initial profit target) then a 6th hour expected test of $2544/$43. Additionally, in today’s live S&P meeting it was noted that today was the on-time day for the December S&P to decline to $2539/$38.
2. Subsequently, the December S&P made a pit session swing high of $2550 for new short entry. The market declined and completed our initial $2545 downside target.. Later in the session (the 6th hour, as forecast) the market completed the $2544/$43 downside target. The market continued lower and completed the daily indication for $2539/$38 (today’s session low, $2539.25, 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.