02/22/2016 – S&P Emini
- February 22, 2016
- S&P Emini
March S&P:
1. In Fridays (February 19) Williams edge live meeting it was noted that the March S&P (then trading at approximately $1909) was likely to be testing $1945 (or higher) into early this week (week of February 22). This was in spite of the fact that somewhat lower prices were expected intraday during the day this forecast was made.
2. In today’s (Monday, February 22) March S&P session, the market completed the majority of the $1945 upside target (today’s session high, $1943.75, so far). Higher prices remain possible. 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.