01/19/2015 – S&P Emini
March S&P:
1. In our Thurs. Jan. 15 Williams as live meeting it was noted that the March S&P was expected to test/attempt $2027/$28 on Tues., Jan. 20 (+/-1 day).
2. Friday’s (Jan. 16) March S&P session declined to $1970.25 before reversing and closing the day at $2014.25. Today’s session continued on the events, completing the $2027.00 upside target (today session high, $2026.50, so far).
3. Although no official new long entry was messaged based upon the above forecast, we are aware of clients who entered long positions based upon it. 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.