12/05/2018 – S&P Emini
December S&P:
1. Last Monday’s (11/26) Williams edge plus session it was noted to sell the S&P short between $2668/$71 for an expected decline to $2661/$60 due in that day’s 3rd hour. Further, holding a remaining position for $2654 was also instructed as it was due in that session’s 4th hour.
2. Subsequently, the December S&P advanced and made a swing high of $2671.75 (against the $2668/$71 selling territory noted earlier) then declined sharply and completed both the $2661/$60 and $2654 downside target in that session’s 4th hour (swing low, $2652.50. This successfully completes the forecast/trade.
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.