05/29/2015 – S&P (Intraday Trade)

June S&P:

1. In yesterday’s (Thurs., May 28) S&P live messenger window 1:33 post it was forecast that barring a breakout above $2123 the June S&P was expected to test $2112 into today’s (Fri., May 29) early session.

2. Subsequently the June S&P made a swing high of $2122.75 (during the Globex session) before reversing and completing the $2112 downside target both during Globex and in today’s early session, as forecast. 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.