Dec. S&P 500:
1. In Friday’s (Oct. 24) Williams edge live meeting, with the Dec. S&P trading at approximately $1953/$54 it was noted that the next important upside price target expected into early next week (week of Oct. 27) was $1961.00
2. Friday’s late session continued on the advance and completed the $1961.00 upside target (Friday’s session high, $1961.25). This somewhat early completion of the $1961.00 upside target is generally bullish. Further update will be given in Monday’s live meeting/reports.