02/09/2015 – S&P Emini
Issued: 02/10/2015
March S&P:
1. Our Fri., Feb. 6 March S&P report indicated that a daily close on Fri., Feb. 6 below $2063 would place the March S&P in a ‘Sell’ position for aggressive traders for a multi-day decline and test/attempt at $2037/$35 into Tues., Feb. 10 (+/- 1 day). Friday’s session closed at $2056, initiating the trade.
2. Partial short position exits were to be taken at/near $2043, and the remainder taken off at/near $2037/$35.
3. The March S&P declined and completed the $2037/$35 downside target on Mon., Feb. 9, completing the trade (Mon., Feb. 9 session low, $2036.50). Will message any further entry or indication in the March S&P.
David Williams
Issued: 02/06/2015
March S&P:
1. A daily close today (Fri., Feb. 6) below $2063 will place the March S&P in a ‘Sell’ position for aggressive traders for a multi-day decline and test/attempt at $2037/$35 into Tues., Feb. 11 (+/- 1 day).
2. Partial short position exit should be taken at/near $2043 and the remainder taken off at/near $2037/$35.
3. Initial protective buy stops should be placed at $2066. The stop will be moved lower as the market continues to confirm
2. All others (non-aggressive) should wait for the Mon. Feb. 9 session for further indication.
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.