1. In today’s (Wednesday, December 14) 12:40 CST live messenger post (and pro-trading room) it was noted that continued failure at $2268 in the March S&P would decline to $2261/$60 into later today.
2. Subsequently, the March S&P spiked up to $2272.50 (in response to today’s Fed interest rate announcement) and then failed at the $2268 level. The market then completed the forecast $2261/$60 downside target (today’s session low, $2258.00, so far). This successfully completes the forecast/trade. Will message any further entry or indication in the March S&P.