10/11/2014 – S&P Emini
- October 11, 2014
- S&P Emini
Dec. S&P 500:
1. In Friday’s (Oct. 9th) late session the S&P live messenger window indicated the likelihood of further decline in the Dec. S&P from the then current price of $1911/$12 down to $1904/$03 (or lower).
2. The S&P declined quickly to the $1904/$03 downside target and lower, closing the session at $1894.25.
3. The continued decline in the Dec. S&P further confirms our longer-term outlook for an important yearly top to occur in the 3rd quarter of 2014. Will message any further entry or indication in the Dec. 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.