02/03/2016 – S&P (Intraday Trade)
- February 3, 2016
- S&P (Intraday Trade)
March S&P:
1. In today’s (Wednesday, February 3) live messenger 9:56 CST post it was noted that the March S&P (then trading at approximately $1881.75) was expected to advance further and test $1886/$87.
2. Subsequently, the March S&P advanced and attempted the $1886/$87 upside target (swing high, $1885.00). After a sharp retracement the market advanced and completed the $1986/$87 target. 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.