01/12/2016 – S&P Emini
- January 12, 2016
- S&P Emini
March S&P:
1. In yesterday’s (Tuesday, January 12) Williams edge S&P meeting it was noted that the March S&P was expected to test $1945/$46 into Wednesday, January 13.
2. Subsequently, the March S&P declined to $1907 and reversed off that level, prompting new long entry at approximately $1920 in the live mentoring room based upon the above forecast.
3. Today’s (Wednesday, January 13) March S&P continued higher and completed the $1945/$46 upside target (today’s session high, $1946.50, so far). This resulted in a successful 25 point trade in the S&P. 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.