05/07/2015 – S&P (Intraday Trade)
June S&P:
1. In today’s (Thurs., May 7) live messenger session it was noted at approx. 9: a.m. CST that the June S&P would likely test/attempt at $2064.00 on the downside.
2. The market began lower but was unable to follow thru and later reversed and retested the $2078.00 initial upside target noted in today’s earlier session.
3. In today’s June S&P live meeting and later in the messenger window (with price at approximately $2078) it was noted that the June S&P was expected to trade to $2083/$84. Shortly thereafter the market advanced to $2083/$84, completing the trades/forecast. 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.