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.