02/24/2015 – S&P Emini
March S&P:
1. In today’s (Tues., Feb.24) Williams edge live S&P meeting it was noted that any later session 4th hour test and hourly close above $2007/$06 in the March S&P would be buying territory for a later session advance.
2. The March S&P declined to a swing low of $2106.25 in the 4th hour and closed the hour at $2110 (above $2107/$06), indicating New long entry for higher prices. The market advanced and partial long position exits were messaged at $2114. Higher prices remain expected. Will update.
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.