11/09/2015 – S&P Emini
December S&P:
1. In today’s (Monday, November 9) Williams edge S&P meeting it was noted that any test of an hourly close above $2064/$63 would likely advance to $2074/$75 later in the session.
2. Subsequently, the December S&P made a session low of $2062 and closed the hour well above the $2063/$64 level. The market quietly advanced for the remainder of the session and completed $2074/$75 upside target (swing high $2077.50). 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.