Well this is now very interesting.
We have an MS target of 1690.50 today as it is DAY2
We have a KTS DAY1
We have BDIP DAY2
and also a KHC-5 SYSTEM.
I posted this as an early warning on Friday so we had a chance to short / add to shorts.
This not only makes for a a good negative print but also a possible CIT.
If so that means we are not in TREND UP and the model was right to go to TREND NEUTRAL
If despite all this it carries on up, that does mean that the model will go TREND UP
Bring it on!
Support is at 1692/3 area which will tie in with a -5 print on KHC SYSTEM and -7 on BDIP / KTS minimum
Plan your trade, trade your plan!