12/28/2015 – S&P Emini

March S&P:

1. On Wednesday, December 23 it was noted that any hourly or larger closes above $2055 would indicate a tradable advance to $2063.

2. While the S&P was able to close hourly above $2055 and subsequently advance to $2060 (swing high, $2059.75), the market quickly retraced it steps and closed the 120 chart (and the day) back below $2055, negating the indication for $2063. Will message any further entry or indication in the March S&P.

David Williams