03/09/2016 – S&P Emini

March S&P:

1. In yesterday’s (Wednesday, March 8) Williams edge S&P meeting it was noted that should the March S&P be unable to touch $1972 on the downside, a breakout above $2007.50 would be expected into today, Thursday, March 10.

2. Subsequently, the March S&P was unable to test $1972 (yesterday’s pit session low, $1978) and today (Thursday, March 10) the March S&P advanced and made a session high of $2010.25, completing the forecast breakout above $2007.50. Will message any further entry or indication in the incoming June S&P.

David Williams