MONDAY 04/04/16 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR MONDAY 4TH 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.
TODAY IS DAY3.

KTS
We have a new KTS triggered at close on 14/03/2016.
It is now negated after DAY8.

SYSTEM BDIP
None in play.

DDUD
None in play.

SYSTEMS TRIGGERED

SYSTEM ESF
CAN BE A TRENDING DAY. IF NO +3 AND THEN IT TRADES <-4, IT CAN THEN TREND DOWN. LIKEWISE IF NO -3 AND THEN IT TRADES >+4, IT CAN THEN TREND UP.

SYSTEM ESL1
MORE CHANCE OF DOWNSIDE THAN UPSIDE, USUALLY TRADE POSITIVE AT SOME POINT, NORMALLY GET -3, IF NO -3 THEN RARELY CLOSE AT HIGHS, UPSIDE UNSUSTAINABLE & CLOSE WITH LITTLE CHANGE ON THE DAY. CHANCES OF -7, -10 & -17 ALSO. THE CLOSE CAN BE VERY ERRATIC. ALSO AFTER THIS SYSTEM THERE IS ANOTHER CHANCE OF A -3 THE NEXT DAY

ES8A
SHOULD GET+3 AND A -3. DOES NOT ALWAYS CLOSE AT LOWS

SYSTEM SPXF
MORE CHANCE OF A +3 THAN A -3. IF SPX GAPS DOWN THEN IT USUALLY NEGATES THE POSITIVE CALL AND CAN BE A NEGATIVE SYSTEM

SYSTEM SPXL1
VERY ERRATIC SYSTEM IN TERMS OF HIGH/LOW/CLOSE. USUALLY IS A DOJI DAY WITHIN +5 / -5. TRADING > +5 USUALLY CLOSES POSITIVE, TRADING < -5 CLOSES NEGATIVE. THAT’S WHEN IT BECOMES A TRENDING SYSTEM

Spoos closed at 2065 (basis Jun)

K+3 = 2068

K-3 = 2062

Conclusion

We have NO KHC SYSTEMS in play.

We have a KTB DAY3 in play.

Plan your trade, trade your plan!

[Khalsa]

These US markets remain totally onwards and upwards.

Maybe just WNER for today but it is still frustrating now.

High on Friday was 2075.07. So its close now to 2080 SPX.

Plan your trade, trade your plan!

[Khalsa]

The great US of A has managed to drag Europe all the way up.

It all remains extremely bullish with no signal for a let up yet.

I suppose we need to wait for KTB to negate.

Get a series of KTS’s

Get successive BDIP’s

Same old same old to get the downside going

Plan your trade, trade your plan!

[Khalsa]

If we close around here today, then the next signal will be a KTS but KTB will not negate at close

Plan your trade, trade your plan!

[Khalsa]

Sure its down, however what a total joke.

This is a down day.

Its been -10 in globex so big deal all it does it keep bouncing off intraday lows.

Then it forms a bull flag for a +30 total SU day with no retrace.

KTB did not negate and nor are we on trigger for a KTS anymore.

I do have one signal for a CIT however and will keep you posted on that. Its a 1-3 day idea for a top (can be in / tomorrow / upto 3 days)

Fingers crossed (its a good signal)

Plan your trade, trade your plan!

[Khalsa]

Small caps are the weakest which is good also.

Earnings season starts this week.

Plan your trade, trade your plan!

[Author]

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