09/29/2015 – S&P Emini
- September 29, 2015
- S&P Emini
December S&P:
1. In today’s (Tuesday, September 29) 8:33 CST live messenger post (and later Williams edge S&P meeting) it was noted that the the December S&P was likely to test $1862 later in today’s session.
2. Subsequently, the December S&P advanced substantially to approximately $1890 before reversing and spending the remainder of the session in a decline which ultimately completed the $1862 downside target later in the session, as forecast (today’s session low, $1861.50). Although the powerful advance made the forecast challenging to trade, the completion of the $1862 downside target is an important development. 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.