12/26/2017 – S&P Emini
March S&P:
1. In last Tuesdays (12/19) Williams edge live meeting it was noted the $2694 was critical short selling territory in the March S&P for decline to $2677/$75 expected into Wednesday 12/20.
2. Subsequently, the March S&P advanced to $2695.50 (against the $2694 short selling territory) and quickly declined but couldn’t quite complete the $2677/$75 downside target (swing low, $2679.00). This successfully completed the majority of the forecast 17 point decline. Will message any further entry or indication in the March 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.