02/10/2016 – S&P Emini

March S&P:

1. In yesterday’s (Wednesday, February 10) live S&P messenger window it was noted that the March S&P (trading at approximately $1852.50) was expected to decline sharply to $1842, then $1821 into early today (Thursday, February 11).

2. Today’s (Thursday, February 11) March S&P declined sharply and completed both the $1842 and $1821 downside profit targets (today’s session low, $1802.50, so far). This successfully completes the 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.