02/02/2015 – S&P (Intraday Trade)
March S&P:
1. In yesterday’s (Mon., Feb. 2) live S&P messenger it was noted that any significant break of $1984 would test/attempt $1972/$70.
2. Subsequently the market broke $1984 and completed the majority of the forecast decline, making a session low of $1973.75, against the $1972/$70 downside target.
3. The slight miss of $2072 was an important indication which led to today’s powerful advance. 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.