FRIDAY 02/12/2016 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR FRIDAY 2ND DECEMBER 2016

Hi all,

Recap ….

Intraday wise …. I banked 0 points in spoos today.

I have 1 short in Gold, 1 short in Silver, 1 short on Dow, 8 shorts in spoos & 2 swing positions in spoos open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 15/09/2016.
It is now negated after DAY18.

KTS
We have a NEW KTS triggered at close on 29/11/2016.
TODAY IS DAY3.

SYSTEM BDIP
We have a BDIP triggered at close on 30/11/2016.
TODAY IS DAY2.

DAY1… We got a low of -12.75.
DAY2…
DAY3…
DAY4…

We have a Borderline BDIP triggered at close on 23/11/2016.
It is now negated after DAY4.

DAY1… We got a low of -3.25.
DAY2… We got a low of -13.00.
DAY3… We got a low of -4.50.
DAY4… We got a low of -10.00.

DDUD
We have a DDUD triggered at close on 01/11/2016.
It is now negated after DAY12.

SYSTEMS TRIGGERED

ESH1 NEXT DAY (KHC+3)
USUALLY GIVES +3, IF IT GAPS DOWN THEN IT CAN GIVE A DDDD AND THEN BOUNCE AND MAKES A +3 LESS LIKELY.

ESH2 (KHC+3)
CAN GIVE +3,+5,+7,+10. HOWEVER FAILURE TO PRINT +3 USUALLY RESULTS IN DOUBLE DIGIT DOWN DAY. DOES NOT USUALLY CLOSE AT HIGHS.

SYSTEM SPXH1
CAN GIVE +3,+5,+7 WITH A POSITIVE CLOSE. THE CLUE IS NOT TRADING MUCH NEGATIVE RTH

Spoos closed at 2192 (basis Dec)

K+3 = 2195

K-3 = 2189

Conclusion

We have 2 KHC+3 SYSTEMs in play.

We also have a BDIP DAY2 & KTS DAY3 in play.

Plan your trade, trade your plan!

[Qman]

Both Systems bearish if no upside, KTS out gunned the SPX ESG combo today.

Crooks Day then WNER tho……

What’s your thoughts on Oil K?

50 ish gonna hold and move back down again after the OPEC Pollux? I would say so.

[Khalsa]

Yes, so far so good Q and I am expecting further downside still. Very wary of NFP and crooks day, but I feel it can end down today too or atleast no upside progress.

Italian referendum on Sunday too.

As for Oil, I really am unsure on that and staying away as a result. It is 50 / 50

Plan your trade, trade your plan!

[Qman]

?

Austrian election re run on Sunday too I think – far right candidate, who will likely want Austrexit, neck and neck after first election was declared a cock up.

[MAURITIUS]

I closed at -3 this morning, basis a plus 3 seemed likely at minimum. Probably sealed it for you. :p

see what nfp does….

[Khalsa]

So far so good on all fronts.

However crooksday crookshour next

Plan your trade, trade your plan!

[Khalsa]

Such a horrible market for sustained downside

Plan your trade, trade your plan!

[Qman]

Is it still open? Seems like it closed at 18:30…….Zzzzzz

Maybe liven up at half 8

[Khalsa]

Lol so true and so annoying

Plan your trade, trade your plan!

[Author]

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