MONDAY 11/04/16 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR MONDAY 11TH 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 Psudo KTS triggered at close on 07/04/2016.
TODAY IS DAY2.

SYSTEM BDIP
None in play.

DDUD
We have a DDUD triggered at close on 05/04/2016.
TODAY IS DAY4.

SYSTEMS TRIGGERED

ESH1 NEXT DAY (KHC+3)
USUALLY GIVES +3, IF IT GAPS DOWN THEN IT CAN GIVE A DDDD AND THEN BOUNCE AND MAKES A +3 LESS LIKELY.

ES 5C NEXT DAY (KHC+3)
SHOULD GIVE A +3

SYSTEM ESD
GOOD CHANCE OF -3, -5, PAST -5 GOOD CHANCE OF -7/-10 ETC

ESH2 (KHC+3)
CAN GIVE +3,+5,+7,+10. HOWEVER FAILURE TO PRINT +3 USUALLY RESULTS IN DOUBLE DIGIT DOWN DAY. DOES NOT USUALLY CLOSE AT HIGHS.

ESH10
CHANCE OF +3/+5, IF IT GOES FOR LOWS IT SHOULD NOT CLOSE AT LOWS. HOWEVER COULD BE A VERY BIG RANGE DAY.

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

SYSTEM 80
USUALLY GET -3. IF IT GAPS UP OPEN, THEN USUALLY NOT MUCH DOWNSIDE PAST -3 AND CAN CLOSE +VE. USUALLY DOES NOT CLOSE AT HIGHS. SMALL CHANCE OF BEING A DDDD DAY

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

Spoos closed at 2040.75 (basis Jun)

K+3 = 2043.75

K-3 = 2037.75

Conclusion

We have 3 KHC+3 SYSTEMS in play.

We have a Psudo KTS DAY2 & DDUD DAY4 in play.

Plan your trade, trade your plan!

[Khalsa]

You just got to hate WNER day.

Nothing to say or do here other than the Metals and grains are doing super

Plan your trade, trade your plan!

[Khalsa]

2049 is support now.

Sorry for lateness, there is no GFS trigger also.

 

Plan your trade, trade your plan!

[Khalsa]

Khalsa wrote:

2049 is support now. Sorry for lateness, there is no GFS trigger also.

Sliced that.

At the ongoing CIT now at 2044.

Below that it will fall.

Amazing really as it fell the moment I said “No GFS”.

Plan your trade, trade your plan!

[Khalsa]

Now below 2044 in crookshour. Not ideal as crookshour is just a joke really.

However it does look like a “reset WNER” day which can open up the lower targets tomorrow.

Plan your trade, trade your plan!

[Khalsa]

Did not hold the 10 DMA on SPX, so thats another good sign.

Needs to break the 20 DMA down now at 2046.59

Plan your trade, trade your plan!

[Author]

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