01/17/2017 – S&P Emini
- January 17, 2017
- S&P Emini
March S&P:
1. In today’s (Tuesday, Jan. 17) 12:33 live messenger post it was noted that continued failure at $2267 in the March S&P would result in a tradable decline to $2261/$60 (or lower). At the time, the March S&P was trading at approximately $2266.25.
2. Subsequently, the March S&P was unable to trade above $2267 and reversed sharply lower completing the $2261/$60 downside target (swing low, $2257.25). This successfully completes the forecast last trade. 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.