02/01/2016 – S&P Emini
March S&P:
1. In furtherance of our previous S&P report, in today’s (Monday, February 1) Williams edge S&P meeting it was noted that the March S&P was likely to test $1918 in today’s 3rd hour which would then be buying territory for in advance to $1926.
2. Subsequently, the market declined and completed in $1918 downside target (in today’s 4th hour) and then reversed higher and completed in $1926 upside profit target noted in the meeting. This successfully completes the forecast/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.