03/29/2015 – S&P Emini
- March 29, 2015
- S&P Emini
June S&P:
1. In Friday’s (Mar. 27) Williams edge futures meeting it was noted that a daily close above $2051 was the stronger position and the earliest indication for a quick advance and test/attempt at $2067/$69 into early this week (week of Mar. 30). Less aggressive were instructed to use a close above $2057/$58 for the same advance/trade.
2. Friday’s session closed at $2052.50 (above $2051) and today (Mon., Mar. 30) completed the forecast $2067/$69 upside target (today’s Globex session high, $2069, so far).
3. Today’s upside completion is important as it further confirms the forecast Mar. 27 (+/-1 day) daily market bottom noted in the turning point calendar. Will message any further entry or indication in the 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.