12/08/2014 – S&P Emini
Dec. S&P:
1. In yesterday’s (Mon., Dec. 8) live meeting (and in Live Messenger) it was noted that any break below $2063/$61 would indicate a tradable decline and test/attempt at $2055/$53. An outright sell stop/new short entry at $2061/$60 was suggested in the live meeting.
2. Subsequently, the S&P broke below $2063/$61 and completed the $2055/$53 downside profit target (yesterday’s session low, $2053.75). 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.