07/06/2015 – S&P (Intraday Trade)
September S&P:
1. In yesterday’s (Monday, July 6) S&P messenger 2:35 CST post it was indicated that the September S&P, then trading at approximately $2056 was expected to advance further to $2064/$65 into Tuesday’s early session.
2. Shortly thereafter a ‘disregard previous message’ indication was sent in error, which made new long entry less likely. However, the September S&P quickly advanced and completed the forecast $2064/$65 upside target, completing the forecast. 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.