02/18/2016 – S&P Emini

March S&P:

1. In yesterday’s (Thursday, February 18) Williams edge live meeting (and S&P messenger window) it was noted that a break of $1918 that would indicate a tradable decline to $1913/$12, then further decline to $1904/$02 expected late yesterday/into today (Friday, February 19).

2. Subsequently, the March S&P broke $1918 and completed the $1913/$12 downside target relatively early in the session and early today (Friday, February 19) the March S&P declined sharply and completed the $1904/$02 downside target (today’s Globe session low, $1902.25, so far). This successfully completes the forecast/trade.

3. Further, late yesterday’s (2:34 CST live messenger post) it was noted that further decline was likely into today/Monday at $1895 (or lower). Keep this in mind.

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.