12/09/2014 – S&P (Intraday Trade)
Dec. S&P:
1. In yesterday’s (Tues., Dec. 9) Live Messenger window a late session potential trade was issued where an hourly close below $2058 would indicate a tradable decline to $2043 into today’s (Wed., Dec. 10) early session.
2. However, after the Dec. S&P reached $2061 on the upside we canceled the above trade out of prudence. However, today’s early session of the S&P completed the decline from $2058 to $2043 as originally forecast. Note; We roll into the March S&P tomorrow, Thursday, Dec. 11.
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.