10/13/2016 – S&P Emini
December S&P:
1. Since Monday, October 10 we have noted in our Williams edge live meetings that any hourly or especially daily close below $2140 in the December S&P could be sold short for a decline to $2126/$25 (initial profit) and then $2110/$08 into the week of October 17.
2. Subsequently, the December S&P closed both hourly and daily below $2140 and completed the initial $2126/$25 target. Today (Thursday, October 13) the December S&P completed the $2110/$08 downside target (today’s session low, $2108, so far). Lower prices remain possible. 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.