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SYSTEMS FOR FRIDAY 27TH FEBRUARY 2015
Hi all,
Recap ….
Intraday wise …. I banked 19.50 points in ES today.
I have 2 longs in oil, 4 shorts in spoos and 2 swing positions open.
Onto today …
KP
None in play.KTB
We have a KTB2 triggered at close on 02/02/2015.
It is now negated after DAY11.KTS
We have a KTS2 triggered at close on 18/02/2015.
Today is DAY7.SYSTEM BDIP
We have a BDIP triggered at close on 17/02/2015.
It is now negated after DAY4.DAY1… We got a low of -7.25.
DAY2… We got a low of -8.25.
DAY3… We got a low of -13.00.
DAY4… We got a low of -7.50.DDUD
We have a DDUD season triggered at close on 29/01/2015.
It is now negated after DAY16.SYSTEMS TRIGGERED
SYSTEM 70 (KHC +3)
USUALLY GIVES +3Spoos closed at 2110.25 (basis Mar)
K+3 = 2113.25
K-3 = 2107.25
Conclusion
We have 1 KHC+3 SYSTEMS in play.
We have a KTS2 DAY7 in play.
Plan your trade, trade your plan!
Indeed Dan, basis one System, take your pick Dan….
- +10/13/17/23
- Continue the grind
- Start rolling downwards
Happy to just keep tbis short for now and see what happens if we test an intra day support.
Plan your trade, trade your plan!
Right guys as you know I have been long again since the last dip and continued to stay long without any problems.
A few days ago I noticed some cracks but continued to run the long.
Yesterday I saw signs of it turning as it broke the immediate CIT level posted and therefore I reversed short at 2009.
Sure we may get that last gasp rally of a +10/+13/+17/+23 on spoos that I have been expecting and why I stayed long, but I know feel that unless we are in a prolonged QE style up SU grind, maybe we can retrace.
Yesterday tested the 10 DMA on SPX, so it could carry on up.
There is no real TA medium term to say we have topped, however there is a chance it can retrace here.
TRIN is going up, VIX/VXN can base here are just a few of the observations to suggest so.
Lets see
Plan your trade, trade your plan!
No GFS today as opening gap is <3.
Navnit
Plan your trade, trade your plan!
Again an opening low and up for SU grind.
Same pattern, different day.
I had at best 6 points in yesterdays short.
This 2010/3 area is now resistance and if it breaks up, we are back to square 1
Plan your trade, trade your plan!
This is what I wanted to see, it help by the 2010/3 area posted above. We got to 2111 and now its 2107.50, so a good reaction down.
If it can break 2004 down now, the tide can turn
Plan your trade, trade your plan!
Remember if this is not down today, then we have WNER on Monday, so ideal pattern for me is down today, WNER lower high, retest, throwover and then down after that
Plan your trade, trade your plan!
China just backed Russia over Ukraine….
http://www.zerohedge.com/news/2015-02-27/china-just-sided-russia-over-ukraine-conflict
China just backed Russia over Ukraine…. http://www.zerohedge.com/news/2015-02-27/china-just-sided-russia-over-ukraine-conflict
Don’t care how it does it Dan, as long as it goes down from here for a bit
Plan your trade, trade your plan!
Hard to say, unlikely imo Dan. As I keep saying go with the pattern until it breaks. The pattern is Monday up.
Having said that though the last 2 Mondays have been down.
Whatever the case, we are at support, so its either breakdown or bounce.
Hence we are close to going firmly with a bias that may now be SU soon.
COnsider it still in SU Grind until proven otherwise
Are you still hedged long?
Plan your trade, trade your plan!
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