01/12/2016 – S&P (Intraday Trade)

March S&P:

1. In yesterday’s (Tuesday, January 12) Williams edge S&P meeting (a and live messenger window) 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