1. In yesterday’s (Tuesday, January 5) Williams edge live S&P meeting it was noted that while higher prices appeared indicated, any hourly close below $1993 would indicate a ‘sell the silly thing’ short entry for substantially lower prices below $1980.
2. Yesterday’s Globex (overnight) session broke and closed hourly below $1993 (at $1988.50) indicating new short entry). After a multi hour bounce the market declined below $1980, as forecast. Today’s session also completed Monday’s original $1973/$69 downside target as well (today’s session low, $1971.25, so far). This successfully completes the forecast/trade. Will message any further entry or indication in the March S&P.