10/02/2014 – S&P Emini
- October 2, 2014
- S&P Emini
Dec. S&P 500:
1. In today’s (Thurs., Oct. 2) live meeting and messenger window the S&P was forecast to decline 12 points from (approx) $1930.00 down to $1922 (initial profit target), then $1918.00 final target.
2. During the meeting the market completed both the $1922 downside and $1918 final targets. The market reversed powerfully off the $1918 level and spent the remainder of the session attempting higher prices.
3. Today’s $1918 completion is important. Will message any further entry or indication in tomorrow’s live window/report.
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.