09/02/2015 – S&P (Intraday Trade)
September S&P:
1. In today’s (Thursday, September 3) S&P messenger window (with S&P trading at $1955/$56) it was noted that although the larger $1962/$63 upside profit target (forecast yesterday) was completed during today’s Globex session, a further test of $1962/$63 was expected in today’s pit session, as well.
2. Subsequently, today’s September S&P advanced and completed the $1962/$63 upside target during today’s pit session (session high, $1963.00, so far). This completes the forecast/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.