02/29/2016 – S&P Emini

March S&P:

1. In today’s (Monday, February 29) live messenger 11:31 CST post it was noted that continued hourly close below $1952 indicated a tradable decline to $1945 (or lower). In today’s live S&P meeting it was noted that any remaining short position based upon the above should be held for the possibility (not a forecast) of a retest of $1931/$30.

2. Subsequently, the March S&P quietly declined and completed the $1945 downside target and continues lower (current price, $1935.00). This successfully completes the forecast/trade. Will message any further entry or indication in the March S&P.

David Williams