ES
4 min. prior to today’s pit session open, our forecast was that with S&P below $4198, decline to $4184/$83 was due in today’s early session. Results? The S&P made a subsequent swing high of $4194.75 then completed $4184/$83 target (swing low, $4180.50)!
Today’s first S&P forecast was for failure at $4208, resulting in a decline to $4185/$83. Results? The S&P made a subsequent swing high of $4110, then declined to the $4185/$83 target (swing low, $4182.50)!
Prior to today’s pit session S&P open, our forecast was for advance from $4174 to $4183/$84, then $4197/$98. Results? The S&P advanced and completed both $4183/$84 and $4197/$98 (session high, $4198.25)!
Shortly after today’s S&P pit open, and with prices at $4172, our forecast was for advance to $4183/$84. Results? The S&P advanced to the $4183/$84 target (swing high, $4185.00)!
Today’s first S&P forecast indicated new long entry at $4135 for advance to $4146 target. Results? The S&P made a subsequent swing low $4132.25 then advanced to the $4146 target!
At 7:02 PST, with S&P trading at $4067 our forecast was for a break to new lows and test/attempt at $4054. Results? The S&P broke to new lows and attempted the $4054 target (swing low, $4055.50)!
2 hours into today’s S&P session we warned that any later session confirmed break of $4148 would decline to $4121/$20. Results? The S&P broke $4148 and quickly declined to $4121/$20 (swing low, $4120.50)!
Yesterday, our early session forecast indicated a later session decline from the current price of $4146, down to $4134 and $4131. Results? The S&P declined, but stopped at $4136.50, leaving the target uncompleted.
Today’s first S&P forecast was for new long entry at $4149 for advance to $4159 target. Result? The S&P made a subsequent swing low of $4147.50then advanced to the $4159 target (swing high, $4162.75)!
Today’s first S&P forecast was for new short entry at $4163/$64 and $4167/$68 for tradable decline to $4147/$46. Result? S&P made a subsequent swing high of $4167, then declined to the $4147/$46 target (session low, $4142.50)!
