02/02/2016 – S&P Emini
March S&P:
1. In today’s (Tuesday, February 2) Williams edge S&P meeting it was noted that should the March S&P be unable to advance to $1912/$13 it would imply great weakness and indicate a completion of $1900 on the downside and as low as $1897.
2. Subsequently, the March S&P advanced to $1911.25 (unable to complete $1912/$13) and reversed lower and declined lower to complete both the $1900 and $1897 downside targets (today session low, $1896.75, so far). 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.