1. In today’s (Tuesday, August 11) live S&P messenger window it was noted that the September S&P (then trading at approximately $2084/$85) was expected to decline and test $2079/$78 into later this morning.
2. Subsequently, the market tested the critical $2087 upside resistance noted in the panel then reversed and completed the $2079/$78 downside target (today’s session low, $2073.75, so far). This completes the trade. Will message any further entry or indication in the September S&P.