S&P Emini

With S&P at $3766, our Fri., (01/15) S&P forecast indicated an advance to $3775/$76 expected in three 30 minute bars. Results? The S&P advanced and three 30 minute bars later made a swing high of $3777.75!

Our next S&P forecast was for new short entry at $3775/$77 for decline to $3768/$67 profit target. Result? The S&P made a subsequent swing high of $3777.75 then completed the $3768/$67 target (swing low, $3768.00)!

Our next S&P forecast was for new short entry at $3779/$80 for decline to $3772/$71 profit target. Results? The S&P made a subsequent swing high of $3780.50 then declined to the $3772/$71 target  (swing low, $3771.75)!

Our Thurs., 01/14 S&P forecast was that a break of $3780 would  decline to $3750/$40 initial  target. Results? Today the S&P broke $3780 and completed the $3750/$40  target (session low, $3741.50)!

Short S&P at $3803 for $3797/$96 initial target. Result? S&P made swing high of $3803.75 then $3797/$96 target. Remainder 1/2 pos. stopped at $3804. Then new long for $3808/$09. Result? S&P completed $3808/$09 (swing high, $3808.00)!

In today’s forst 30 min., our S&P forecast was for new short entry at $3803 for decline to $3782/$80,due in today’s 3rd hour. Results? The S&P made a subsequent swing high of $3803.25 then declined to $3782/$80 in today’s 3rd hour!

We don’t always get it initially right. Today’s first S&P  short was stopped out. However, our next forecast indicated 2 distinct moves, from $3800 to $3808/$09, then a decline from $3808/$09 to $3794/$93. And that’s exactly what happened!

Our first S&P forecast today was for new short entry at $3788/$90 for decline to $3777/$75 target. Results? The S&P made a subsequent swing high of $3791.75 then declined to the $3777/$75 profit target (swing low, $3775.00)!

Prior to today’s  S&P pit session open our forecast was for an early session test of $3815. Results? The S&P advanced and quickly completed the $3815 target (early session high, $3816.50)!

Our next S&P forecast was for new long entry at $3789/$88 for advance to $3794 initial and $3799/$3800 final. Result? The S&P made a subsequent swing low of $3787.50 then advanced to the $3799/$3800 target (swing high, $3800.75)!