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06/26/2015 – S&P (Intraday Trade)

September S&P:

1. Today’s (Friday, June 26) September S&P showed somewhat unusual behavior early in the day prompting a small loss in our original short position. However, later in the session the market broke to new lows completing the initial downside target at $2089 (and lower).

2. This signaled that the S&P was trading normally and prompted our 12:42 CST post. This post indicated that the September S&P (then trading at approximately $2090) would provide a tradable advance to $2096 into the late session.

3. Subsequently, the September S&P advanced and completed the $2096 upside target (swing high, $2096.25). This completes the trade. Will message any further entry or indication in the September 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.