10/14/2014 – S&P Emini
- October 14, 2014
- S&P Emini
Dec. S&P 500:
1. In yesterday’s (Tues., Oct. 14) live messenger window it was noted that $1891/$92 was short selling territory for a 36 point decline to $1858/$56 expected into late yesterday/early today (Wed., Oct. 15).
2. Today’s (Wed., Oct. 15) S&P declined sharply and completed the $1858/$56 downside target (and lower). Today’s session low has been $1848.50, so far. This completes the trade.
3. The live messenger window can be very valuable in determining the future movements in the S&P 500, especially during the current high volatility environment.
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.