09/30/2014 – S&P Emini
Dec. S&P 500:
1. In today’s Williams edge S&P meeting (and in live messenger) the Dec. S&P was forecast to advance to $1976 and then complete a 15 point decline to $1961.
2. The the S&P subsequently advanced to a swing high of $1978.25 before reversing sharply to a session low of $1961.00, completing the trade.
3. Today’s session close at $1960.75 ends the 3rd quarter of 2014 in a weaker position. This is an important development. Will update.
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.