04/21/2015 – S&P (Intraday Trade)

June S&P:

1. In today’s (Tues., April 21) early session it was noted that any test and failure (hourly close below) $2103/$04 would decline and test $2096 in today’s early session.

2. The market very quickly reacted off the $2103/$04 resistance and completed the forecast $2096 downside target very shortly thereafter, completing the forecast/ trade. Will message any further entry or indication in the June S&P.

David Williams