01/08/2015 – S&P Emini

March S&P:

1. In yesterday’s (Thurs., Jan. 8) Williams as live meeting it was noted that the March S&P was expected to fail at $2056/$57 then decline to $2046/$44.

2. The market took extra time in completing the decline and did so in a tricky manner. However today’s session low of $2044.75 completes the indication and may prompt further entry later today. Will update.

David Williams