05/26/2015 – S&P (Intraday Trade)
- May 26, 2015
- S&P (Intraday Trade)
June S&P:
1. In today’s (Tues., May 26) live S&P messenger window 8:40 post it was indicated that the June S&P (then trading at approximately $2140) would continue lower and test $2108/$07. This allowed traders to position themselves for the forecast decline.
2. Subsequently, the June S&P declined further and completed the $2108/$07 downside target (session low, $2104.50, so far). This completes the forecast/trade. 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.