02/04/2018 – S&P Emini
March S&P:
1. In last Monday’s (01/29) Williams edge plus session it was noted to watch for failure at $2871 in the March S&P to be followed by a decline to $2862/$61, then a bounce to $2865/$66, then a further decline to $2858/$57.
2. Subsequently, the March S&P declined to the $2862/$61 downside target (swing low, $2861.50), then advanced to the $2865/$66 upside target (swing high, $2866.25) then reversed sharply and completed the $2858/$57 downside target (swing low, $2855.75). This successfully completes the 3 legged forecast. 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.