SYSTEMS FOR MONDAY/TUESDAY 4TH & 5TH SEPTEMBER 2017
Hi all,
Recap ….
Intraday wise…. I banked 0 points in spoos today. I have 1 short FTSE, 1 long in Gold, 1 long in Silver, 1 short on Dow, 10 shorts in spoos & 2 swing positions in spoos open.
Onto today …
KP
None in play.
KTB
We have a KTB triggered at close on 05/06/2017.
It is now negated after DAY7.
KTS
We have a NEW KTS triggered at close on 28/08/2017.
TODAY IS DAY5.
SYSTEM BDIP
We have a BDIP triggered at close on 01/09/2017.
TODAY IS DAY1.
DAY1…
DAY2…
DAY3…
DAY4…
SYSTEMS TRIGGERED
ESL3 ND (KHC-5)
SHOULD GIVE A -3
ES4A
ES10
DOJI DAY WITHIN A 8 POINT RANGE AND TOWARDS -VE BIAS. ANY GAP UP OPEN SHOULD FILL THE SAME DAY.
ES96
UPSIDE USUALLY CONTAINED TO A +3, ANYMORE IS UNSUSTAINABLE, USUALLY GIVES -3 AS A MINIMUM
SYSTEM SPX1A
CAN GET +5 SPX, CLOSE CAN BE ERRATIC. ANY GAP UP OPEN NEED NOT FILL THE SAME DAY, BUT ANY GAP DOWN OPEN SHOULD FILL THE SAME DAY.
SPX4A
SPX 10A
Does not close near highs or lows
SPX 10C
MORE DOWNSIDE THAN UPSIDE, SHOULD GET -3 POSSIBLY -5. IF TRADE PAST +4 CAN CLOSE POSITIVE
SPX96 (KHC-3)
MORE DOWNSIDE THAN UPSIDE, NORMALLY GIVES A MINIMUM OF -3 BUT OFTEN GIVES -5,-7, GOOD CHANCE OF -VE CLOSE, CHANCE OF A GAP DOWN OPEN, THEN TRENDING DOWN DAY, UPSIDE NOT VERY SUSTAINABLE.
Spoos closed at 2474 (basis Sep)
K+3 = 2477
K-3 = 2471
Conclusion
We have 1 KHC-3 & 1 KHC-5 SYSTEMS in play for today.
We have a KTS DAY5 in play.
Plan your trade, trade your plan!