01/25/2016 – S&P (Intraday Trade)
- January 25, 2016
- S&P (Intraday Trade)
March S&P:
1. Today’s (Monday, January 25) 2:16 CST live messenger post indicated that the March S&P was attempting the $1876/$77 downside target (or lower) noted earlier in the day. The market was trading at approximately $1878.50 at the time, so the initial downside target was very close by.
2. Initial short position exit was messaged at approximately $1875. Final short position exit was forecast for $1871/$70 which was reached shortly thereafter, successfully completing the 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.