1. Today’s (Wed., Dec. 17) initially showed weakness below $1979 which indicated a tradable decline and retest of $1963 (forecast in today’s live messenger window).
2. However, the market firmed up in today’s second hour which prompted our short position exit at approximately $1980.50, resulting in a small loss on the position.
3. This prompted our forecast for a tradable advance and test/attempt at $1997/$98, noted in today’s Williams edge live meeting.
4. The S&P subsequently advanced to the $1997/$98 upside target and substantially higher prices, including today’s session high of $2011. Will message any further entry or indication in the March S&P.