03/09/2016 – S&P Emini
- March 9, 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
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.