S&P Emini

Today’s next S&P forecast indicated new short entry at/near $3895 for expected decline to $3883/$82.. Results? The S&P made a subsequent swing high of $3895.00,  then declined to and completed the $3883/$82 target (swing low, $3881.25)!

From 03/16 forward, we’ve noted that if S&P could not close daily above $3971 it would decline to $3900 and $3890. Results? The S&P never closed above $3971 and today completed the $3900/$3890 targets (swing low, $3875)!

Our next S&P forecast indicated that any advance to and failure at $3954 would decline to $3936. Results? The S&P advanced to $3954 (swing high $3958.75) then failed at $3954 and declined to $3936 target swing low, $3935.75)!

On Ameritrade live with Ben Lichtenstein today, our forecast for the S&P (then at $3939) would decline to $3925 into 03/18. Results? The S&P declined and quickly completed $3925 target (session low, $3925.00)!

With today’s early S&P at $3941, our first forecast was for failure at $3941 for decline to $3934, within a few 5 minute bars. Result? The S&P made a subsequent swing high of $3941, then declined to $3934 a few 5 minute bars later (swing low, $3930.50)!

With S&P advancing, our next forecast was for new short entry at $3965/$67 for decline to $3945. Results? The S&P made a subsequent swing high of $3966.50, then reversed sharply and completed the $3945 downsides target (swing low, $3942.75)!

With S&P at $3965, we noted that the previous swing high failure to reach $3968 would likely send prices down 10 points to $3956/$55. Results? The S&P declined and completed $3956/$55 target (swing low, $3952.50)!

Our next S&P forecast today indicated decline from the then current price of $3928 to $3918 final target. Results? The S&P declined from $3928 and completed the $3918 target (swing low, $3913.00)!

Our first S&P forecast today was for new short entry at/near $3940.50, for decline to $3928 target. Results? The S&P made a subsequent swing high of $3939.25, then declined to the $3928 target (session low, $3926.00)!