12/19/2014 – S&P Emini
- December 19, 2014
- S&P Emini
March S&P:
1. In today’s (Fri., Dec. 19) live meeting and in today’s live messenger window a two-step roadmap was forecast wherein the S&P would initially decline from approximately $2063 (the then current price) to $2059/$58 into the 3rd hour, then a reversal up and a powerful advance to $2070/$71 expected later in the session.
2. Today’s S&P declined from $2063 to the $2059/$58 downside target in the 3rd hour as forecast (3rd hour swing low, $2058.25). The market reversed off that level and advanced approximately 12 points to $2070/$71, completing the forecast. Will message any further entry or indication in the March 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.