Hi all,

Recap ….

Intraday wise …. I banked 5.50 points in spoos & 28 points in Dax today.

I have 1 short in Ftse, 19 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB

We have a KTB2 triggered at close on 14/01/2014.
TODAY IS DAY3.

KTS
We have a KTS5 triggered at close on 02/01/2014.
It is now negated after DAY8.

SYSTEM BDIP

We have a BDIP triggered at close on 14/01/2014.
TODAY IS DAY3.

DAY1… We got a low of -1.50.
DAY2… We got a low of -7.00.
DAY3…
DAY4…

We have a BDIP triggered at close on 08/01/2014.
It is now negated after DAY4.
DAY1… We got a low of -8.00.
DAY2… We got a low of -6.75.
DAY3… We got a low of -28.25.
DAY4… We got a low of -2.25.

We have a BDIP triggered at close on 31/12/2013.
It is now negated after DAY4.
DAY1… We got a low of -24.50.
DAY2… We got a low of -6.00.
DAY3… We got a low of -6.00.
DAY4… We got a low of -1.00.

DDUD

None in play.

SYSTEMS TRIGGERED

ESL2 NEXT DAY (KHC-4)
GIVES -4/ -7

ESC
CAN GET A +3 BUT SHOULD GET A -3. CHANCES OF -5, -7, -10

ES5
SHOULD GET +3,+5 BUT RARELY CLOSES AT HIGHS

SYSTEM SPX6A
USUALLY GIVES +3/+5. BUT DOES NOT ALWAYS CLOSE POSITIVE.

Spoos closed at 1836.25 (basis Mar)

K+3 = 1839.25

K-3 = 1833.25

Conclusion

We have 1 KHC-4 SYSTEMS in play.

We have a BDIP DAY3 & KTB2 DAY3 in play.

So where now?

Intel is out and initial reaction is down, which probably means dipsters come in and take the market up.

SYSTEMS suggest a -4 with the KHC-4

Honestly speaking with the KTB and BDIP combo, I have no idea how this will resolve apart from UPSIDE does not look over.

Lets see where we are in the morning as there is nothing to do tonight.

Resistance is at 1841/2 and then 1845/6. Above that it can rally.

Support is at 1833/5 and below that it can fall.

Good luck

However last week was weak WNER so maybe thats the game now for a bit.

There is still nothing clear.

Today could be an Intel drop and pop.

1841/2 is first resistance as per THE LEVELS so I am in no hurry yet to short anything

If I miss it, so be it, but shorting early has not worked in recent history.

The SP and DAX short yesterday worked because of patience so lets have more of those until the game changes

No way how I could have shorted that.

It literally fell for no reason out of the blue (there must have been some news)

Silly bank woman just sold some gold. I think I gave her more advice than she gave me lol lol

Dax….yes I watched that, but didn’t dare short it. Sometimes those moves end up another100 higher in no time.

Well we have a khc -4. Very tempted to add to shorts for that, but I need to be careful with stakes now.

Indeed Dax, I wanted to wait till an open for a possible pop and drop basis KHC-4.

DAX is just falling away now 🙁