11/19/2015 – S&P Emini

December S&P:

1. In yesterday’s (Thursday, November 19) 9:53 CST post (and our Williams edge live meeting) was noted that an hourly close below $2081 would send prices lower to test $2074/$73.

2. Subsequently, the market failed at $2081 and attempted the $2074/$73 downside target (swing low, $2075.25). Being unable to fully complete the $2074/$73 downside target indicated internal strength which is reflected in today’s substantially higher prices. Will message any further entry or indication in the December S&P.

David Williams