01/28/2015 – S&P Emini
- January 28, 2015
- S&P Emini
March S&P:
1. On Mon., January 26 our Williams edge live meeting indicated that the March S&P, then trading at approximately $2050 would begin a sharp decline to $1998/$97 into Thurs. January 29th (+/- 1 day).
2. Although the March S&P showed (the expected) tricky behavior on the way to completing the decline, today’s (Wed., Jan. 28) March S&P completed the $1998/$97 downside target, completing the forecast/trade (today session low, $1991.25).
3. Lower prices remain possible in the March S&P. Will message any further entry or indication as the market confirms.
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.