09/18/2015 – S&P (Intraday Trade)
- September 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
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.