1. In yesterday’s (Tuesday, January 19) Williams edge S&P meeting it was noted that any important break of $1880 would decline to $1868/$67 (or lower) into approximately mid day.
2. Although the March S&P took about one hour longer than usual to fulfill the forecast decline, the market did fail at $1880 and subsequently complete the $1868/$67 downside target in yesterday’s session, with yesterday’s swing low at $1856.25. This completes the forecast/trade. Will message any further entry or indication in the March S&P.