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MAURITIUS.
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May 22, 2014 at 22:13 #6019
SYSTEMS FOR FRIDAY 23RD MAY 2014
Hi all,
Recap ….
Intraday wise …. I banked 0 points in ES today.
I have 1 short in Ftse, 1 Long in spoos, 18 shorts in spoos and 2 swing positions open.
Onto today …
KP
None in play.KTB
We have a KTB2 triggered at close on 21/05/2014.
TODAY IS DAY2.KTS
We have a KTS5 triggered at close on 14/05/2014.
It is now negated after DAY5.SYSTEM BDIP
We have a BDIP triggered at close.
It is now negated after DAY4.DAY1… We got a low of -1.25.
DAY2… We got a low of -12.00.
DAY3… We got a low of -26.25.
DAY4… We got a low of -6.00.DDUD
None in play.SYSTEMS TRIGGERED
ESL1 NEXT DAY
GOOD CHANCE OF A -3ES10
DOJI DAY WITHIN A 8 POINT RANGE AND TOWARDS -VE BIAS. ANY GAP UP OPEN SHOULD FILL THE SAME DAY.ES90
DOWNSIDE SHOULD BE MORE THAN UPSIDE. USUALLY PRINTS LITTLE POSITIVE AND NEGATIVE CAN BE -5, -7. HIGHS SHOULD BE CONTAINED WITHIN +6 AND GOOD CHANCE OF A NEGATIVE CLOSE.Spoos closed at 1890 (basis Jun)
K+3 = 1893
K-3 = 1887
Conclusion
We have NO KHC SYSTEMS in play.
W also have a KTB2 DAY2 in play.
Plan your trade, trade your plan!
May 22, 2014 at 22:55 #6020No KHC+ve’s is good.
BDIP DAY2 can be a randomiser, so there is a chance of down.
Charts can turn here but nothing conclusive
I do not like it so close again to SPX 1900, that is a niggle.
My feeling is we see a -5/-7 but after that God knows
Plan your trade, trade your plan!
May 22, 2014 at 23:14 #6021Also all the systems mention negative
Plan your trade, trade your plan!
May 23, 2014 at 08:21 #6022Well so far FTSE late tank yesterday has meant something for FTSE.
Its carried on with weakness.
However its now at 6800 roundie.
Break you mustard and lead.
This all honestly makes you think why will the market ever go down?
Alot of faith certainly required to run shorts.
Plan your trade, trade your plan!
May 23, 2014 at 08:22 #6023The syucess only comes really after I start talking a 70-130 point down move due and I am not talking that at the moment.
All this stands a chance for is a possible double top / lower high SPX 1900
Plan your trade, trade your plan!
May 23, 2014 at 16:13 #6027conversley, anyone looking to short the double-top could see stops being hit – which could spike it higher given we still have WNER to negotiate
anyway there is good risk reward for downside at these levels, volume is typically poor for the holiday weekend and there is often the typical post-holiday reversal to come next week
May 23, 2014 at 16:59 #6028Spot on Smashie thanks.
Furthermore SU and intraday CIT level is 1892/3 on ES.
Can it break today on crooksday?
If it can that sets up for a good WNER
Plan your trade, trade your plan!
May 23, 2014 at 17:06 #6029What a stupid SU market now 3 days in a row.
Plan your trade, trade your plan!
May 23, 2014 at 17:07 #6030About to hit SPX 1900 yet again.
Plan your trade, trade your plan!
May 23, 2014 at 17:48 #6031Oil has gone up alot the last 2 weeks.
No doubt petrol will rise.
Plan your trade, trade your plan!
May 23, 2014 at 19:20 #6032Right on SU level now.
Intraday cit at 1893.
MS has given a secondary short. I do not normally post this, but it usually works well for a good -5/-7
I just cannot see how tonight given the perkiness, but lets see
Plan your trade, trade your plan!
May 23, 2014 at 20:15 #6033Donkey short?
May 23, 2014 at 20:47 #6035Not short Dan, its a sort of secondary trigger.
Bust as I say, its just pathetic. I have no imminent call for a -70/-130 and they have been the only times the market has gone down.
I am actually thinking up is more likely than down, especially with crooksday, crookshour and then WNER
Plan your trade, trade your plan!
May 23, 2014 at 20:48 #6036Not short Dan, its a sort of secondary trigger.
Bust as I say, its just pathetic. I have no imminent call for a -70/-130 and they have been the only times the market has gone down.
I am actually thinking up is more likely than down, especially with crooksday, crookshour and then WNER
Plan your trade, trade your plan!
May 23, 2014 at 21:06 #6037best retrace of the day in the last 15 minutes, ie crookstime.
Still to absolutely no avail as its too late. The market will close shortly and then WNER can retest the highs of a few minutes ago.
How sad!
Plan your trade, trade your plan!
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