02/28/2016 – S&P (Intraday Trade)
- February 28, 2016
- S&P (Intraday Trade)
March S&P:
1. In Fridays (February 26) live messenger window 3:03 CST post it was noted that the March S&P (then trading at approximately $1945) was likely to decline and test $1931/$30 into Tuesday, March 1 (+/-1 day).
2. Subsequently, the March S&P declined and today (Monday, February 29) completed the $1931/$30 downside target (today’s session low, $1927.75). This successfully completes the forecast last 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.