02/01/2016 – S&P (Intraday Trade)

March S&P:

1. In today’s (Monday, February 1) Williams edge S&P meeting it was noted that the March S&P (then trading at approximately $1925) was expected to decline and test $1918 into today’s 3rd hour. A subsequent trade was possible if the market confirmed by closing hourly at or above $1918.

2. Subsequently, the market advanced in $1928.75 and then reversed lower completing the $1918 3rd hour downside target (today’s 3rd hour swing low $1918.50, so far). This successfully 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.