01/22/2016 – S&P Emini
- January 22, 2016
- S&P Emini
March S&P:
1. In today’s (Friday, January 22) Williams edge S&P meeting it was noted that the March S&P (then trading at approximately $1888) was expected to decline to $1883 (or slightly lower) then reverse up and retest $1893.
2. Subsequently, the March S&P declined to $1883 (swing low, $1883.25) then reversed up and completed the $1893 upside target (swing high, $1892.50, so far). This 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.