02/09/2016 – S&P Emini
March S&P:
1. In today’s (Tuesday, February 9) Williams edge live meeting it was noted that both $1837, then $1831 were buying territory in the March S&P for a later session advance to $1857/$58 (or higher) expected to be tested slightly after mid day today.
2. Subsequently, the March S&P declined and tested both the $1837 and $1831 buying territories (swing low, $1829.50) before reversing and advancing to the $1857/$58 upside profit target (subsequent swing high, $1863.75). 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.