FRIDAY 22/04/2016 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR FRIDAY 22ND APRIL 2016

Hi all,

Recap ….

Intraday wise …. I banked 0 points today.

I have 9 shorts in spoos & 2 swing positions in spoos open.

Onto today …

KP
None in play.

KTB
We have a KTB triggered at close on 30/03/2016.
It is now negated after DAY6.

KTS
We have a KTS5 triggered at close on 21/04/2016.
TODAY IS DAY1.

SYSTEM BDIP
We have a BDIP triggered at close on 20/04/2016.
TODAY IS DAY3.

DAY1… We got a low of -8.00.
DAY2… We got a low of -19.25.
DAY3…
DAY4…

We have a BDIP triggered at close on 13/04/2016.
It is now negated after DAY4.

DAY1… We got a low of -7.50.
DAY2… We got a low of -7.50.
DAY3… We got a low of -16.50.
DAY4… We got a low of -2.00.

We have a BDIP triggered at close on 12/04/2016.
It is now negated after DAY4.

DAY1… We got a low of -2.00.
DAY2… We got a low of -7.50.
DAY3… We got a low of -7.50.
DAY4… We got a low of -16.50.

DDUD
We have a DDUD triggered at close on 05/04/2016.
It is now negated after DAY6.

SYSTEMS TRIGGERED

ESL1 NEXT DAY
GOOD CHANCE OF A -3

SYSTEM ESA (KHC+3)
SHOULD GET +3/+5/+7, HOWEVER IT CAN BE AFTER A DRAWDOWN, CLUE IS TRADING > +2.

SYSTEM ESH1
MORE CHANCE OF UPSIDE THAN DOWNSIDE, USUALLY TRADE -VE AT SOME POINT, NORMALLY GET +3, IF NO +3 THEN RARELY CLOSES AT LOWS, DOWNSIDE UNSUSTAINABLE. CHANCES OF +5, +7 ALSO. ALSO THE CLOSE CAN BE VERY ERRATIC. AFTER THIS SYSTEM THERE IS ANOTHER CHANCE OF A +3 THE NEXT DAY

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

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

SYSTEM SPX5
Not much lower in RTH, High +4/+5, HOWEVER IF SPX GAPS DOWN OPEN IT CAN BE A SERIOUS NEGATIVE SD DAY

SYSTEM SPX5B
TRENDING SYSTEM, IF SPX TRADES > -3 LOW THEN CAN GET +3/+5, IF SPX TRADES < -3 SHOULD GET -3/-5, IF HIGH TRADED IS < 3 THEN SD DAY AND CLOSE NEGATIVE

Spoos closed at 2082.50 (basis Jun)

K+3 = 2085.50

K-3 = 2079.50

Conclusion

We have 2 KHC+3 SYSTEMS in play.

We have a KTS5 DAY1 & BDIP DAY3 in play.

Plan your trade, trade your plan!

[Khalsa]

Stupid BoJ just came out with more intervention manipulation.

How stupid so yesterday now may be another one day wonder add USD/JPY is flying.

They just are not letting the markets fall. Totally crazy

Plan your trade, trade your plan!

[Khalsa]

You really got to laugh sometimes.

After all the crooked talk of an Oil surplus and Oil going to $10, now the same crooks are talking Oil shortage again and $50 lol.

Brilliant you can’t make this chit up

Plan your trade, trade your plan!

[smashie212]

Good news crooks haven’t shown up yet and it continues to look weak, Nas leading,but FTSE the real leader since yesterday.

That second KTS and astro turn date may have nailed the top !

[Khalsa]

smashie212 wrote:

Good news crooks haven’t shown up yet and it continues to look weak, Nas leading,but FTSE the real leader since yesterday. That second KTS and astro turn date may have nailed the top !

They turned up!

Hopefully this is not an early low bounce.

2085 resistance now

We are below ongoing CIT now which is at 2090. So initial TREND now is down below that

 

Plan your trade, trade your plan!

[Khalsa]

Today the indices made no progress despite USD/JPY flying up $2. This is the first day I have seen it detached recently. That’s a very good sign.

However WNER is next aaarrrgghh

 

Plan your trade, trade your plan!

[Khalsa]

We tagged the 10 DMA today once again and straight ping back up.

So the immediate trend (intraday) and needs to hold 2090 to stay down.

I am hopeful we have lower prices next week

WNER next though

 

Plan your trade, trade your plan!

[Qman]

Apparently Greece bailout talks are progressing nicely……..lol

[Author]

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