ES
On Thurs., 09/24, our S&P forecast indicated to sell the S&P short at $3216 for decline to $3204 profit target. Results? The S&P made a subsequent swing high of $3219.25 then reversed lower and completed the $3204 profit target (swing low, $3203.00)!
On Tues., 09/22 our S&P forecast indicated to buy the S&P at/near $3272 for a tradable advance to an expected late session 3300 $07/$08 profit target. Results? The S&P made a subsequent swing low of $3269.25 then reversed higher and late in the session completed the $3307/08 profit target (swing high, $3309.50)!
On Mon, 09/21 our S&P forecast indicated to watch for the S&P to firm up at $3227/$25 for advance to $3242 initial, then $3258 final profit target. Results? The S&P made a subsequent swing low of $3221.75 then reversed and completed both the $3242 and $3258 final profit target!
On Thurs., 09/24 our S&P forecast indicated new short entry at $3244, with partial exits at $3237, $3227, and final profit target at $3218. Results? The S&P made a subsequent swing high of $3246.50 then declined and completed all targets, including the $3218.00 final target!
On Mon., 09/21 we noted to watch for the S&P to firm up at $3227/$25 then advance to $3242/$44 target. Results? The S&P made a subsequent swing low of $3226.50 then reversed higher and completed the $3242/$44 target (swing high, $3248.25)!
1. In Wednesday’s 09/09 Williams edge session it was noted that the September S&P (then trading at $3396) should advanced to and complete $3407/$08, then $3419/$21. 2. Subsequently, the S&P advanced and completed both the $3407/$08 initial, and $3419/$21 final profit target. This successfully completes the forecast/trade. David Williams
