06/04/2015 – S&P (Intraday Trade)

June S&P:

1. In late yesterday’s (Thurs., June 4) 2:52 and 3:02 CST S&P messenger posts it was indicated that the June S&P (then trading at approximately $2097/$98) was expected to test $2102 into today’s (Fri., June 5) early session, then decline to $2088 on the downside.

2. Today’s (Fri., June 5) early session completed the $2102 upside target (today’s session high, $2102.75) then declined sharply and completed the $2088.00 downside target (today session low, $2086.25, so far), completing 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.