09/18/2015 – S&P (Intraday Trade)

December S&P:

1. In today’s (Friday, September 18) 9:39 CST live S&P messenger post it was noted that barring a breakout above $1966/$67 the December S&P (then trading at approximately $1959/$60) would decline and test $1950/$49 (an approximate 10 point decline).

2. However, the market advanced to $1966/$67, prompting our short position exit, resulting in a small loss on the position. Subsequently, the market completed the decline to the $1950/$49 downside target, completing the forecast. Will message any further entry or indication in the December S&P.

David Williams