June S&P
Our first S&P forecast today indicated new short at $3922/$23 for decline to $3905/$04 target. Results? The S&P made a subsequent swing high of $3923.75, then completed the decline to $3905/$04 (swing low, $3904.50)!
S&P Emini
ES
March S&P
Our next S&P forecast indicated new long entry at $3948/$47 for advance to $3958/$59 target, expected in that same hour (4th hour). Results? The S&P made a subsequent swing low of $3947.25, then completed the $3958/$59 target (swing high, $3958.50)!
March S&P
Today’s first S&P forecast was for new long entry at $3918/$17, for advance to $3933/$34. Results? The S&P made a subsequent swing low of $3919 (so no long entry occurred) then advanced to $3933/$34 target (session high, $3934.50)!
March S&P
In today’s 2nd hour, our S&P forecast was that hourly closes above $3896 would indicate a tradable advance to $3916/$17, to complete in today’s 5th hour. Results? The S&P remained above $3896 and completed $3816/$17 in today’s 6th hour!
March S&P
Our next S&P forecast indicated new long entry at $3892/$91 for a quick advance to $3899/$3900 target. Results? The S&P made a subsequent swing low of $3891.00, then quickly advanced to the $3900 target (swing high, $3900.00)!
March S&P
Here is David Williams from Pagetrader on his Feb., 1, 2021 Ameritrade segment with Ben Lichtenstein, forecasting the first quarter of 2021 as a major top in the S&P 500, shown in previous tweet. https://tdameritradenetwork.com/video/rB4A-HdIGEuBd14KsyEKoA
March S&P
In Dec., 2020, we forecast that the first quarter 2021 would mark a major top in the S&P for a multi-quarter reversal. On the week of Feb., 8 we also forecast the week of Feb 16 would begin the larger decline. You can see what is happened!
March S&P
Late yesterday (03/04), our S&P forecast was for new short entry at $3776/$78 for decline to $3755 initial and $3743 final target. Results? The S&P made a subsequent swing high of $3776.50 and completed all but the last 2 points of the $3743 target!
March S&P
With today’s S&P trading at $3820, our early session S&P forecast indicated a tradable advance from $3820 to $3838 target. Results? The S&P advanced and completed the $3838 target (swing high, $3842.25)!
March S&P
Yesterday (03/03) it was noted that a confirmed break of $3856 would decline to $3832 and $3827 that session. Results? The S&P broke $3856 and completed both $3832 and $3827!