01/14/2016 – S&P (Intraday Trade)
March S&P:
1. In yesterday’s (Wednesday January 13) Williams edge live meeting and 1:37 CST live messenger post it was noted that any substantial break or hourly close below $1907 would decline to $1888/$86, then $1868/$66 into today (Thursday, January 14).
2. Subsequently, the market broke the $1907 level and declined to the forecast $1988/$86 downside target. Today, the March S&P declined further and attempted completion of the $1868/$68 downside target (today session low, $1871, so far). This substantially completes the forecast/trade (within 3 points). 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.