MONDAY 11/07/16 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR MONDAY 11TH JULY 2016

Hi all,

Recap ….

Intraday wise …. I banked 0 points in spoos today.

I have 1 short in Silver, 7 shorts in spoos & 2 swing positions in spoos open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 28/06/2016.
It is now negated DAY4.

KTS
We have a KTS triggered at close on 07/07/2016.
TODAY IS DAY2.

SYSTEM BDIP
None in play.

DDUD
We have a DDUD triggered at close on 21/06/2016.
It is now negated after DAY12.

SYSTEMS TRIGGERED

ESL7 ND

ESH
USUALLY GET +3 AND -3. MORE CHANCE OF -3. NORMALLY IS A DOJI TYPE DAY WITHIN +5 AND -5. TRADING < -5 GIVES CHANCE TO SD DAY

ESL8 (KHC-5)

SYSTEM 64
UPSIDE UNSUSTAINABLE, RARELY CLOSES AT HIGHS, CAN GIVE -3,-5,-7, BUT CLOSE ERRATIC WITH USUALLY NOT MUCH CHANGE ON THE 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

SPX3B
SHOULD GET +3/+5, -3/-5. DOJI TYPE DAY WITH A CLOSE WITHIN THAT RANGE

SPX4A

SYSTEM SPX7
STARTS OF LOOKING LIKE TRENDING BUT DOES NOT CLOSE AT HIGHS OR LOWS

SYSTEM SPX9
SHOULD NOT MAKE MUCH UPSIDE PROGRESS, IF LOW < -3 GOOD CHANCE OF NEGATIVE CLOSE. ANY GAP OPEN SHOULD FILL THE SAME DAY.

Spoos closed at 2120.75 (basis Sep)

K+3 = 2123.75

K-3 = 2117.75

Conclusion

We have 1 KHC-5 SYSTEMS in play.

We have a KTS DAY2 in play.

Plan your trade, trade your plan!

[Khalsa]

Another WCB around 3.30am when we were all asleep.

We are in  the “topping zone” now and as I said before its just a question of how high, before the pullback.

Today should be a pop and drop, as KTS DAY1 did not perform.

Fridays gap is at 2092.25 but only below 2080/3 area can it fall again for now.

 

Plan your trade, trade your plan!

[Khalsa]

This is just horrible.

No let up for me. All going int he wrong direction.

Silver up, GBP/USD not moving up, Bonds not moving down, ES up.

I am looking for the KTS to kick in hopefully today and at the very least gap fiull the mustard.

Plan your trade, trade your plan!

[Khalsa]

If not this tanks tomorrow with a 30 point move down from todays high to tomorrows low minimum

Plan your trade, trade your plan!

[Khalsa]

Below 2132, it can fall now. Maybe even try for a gap fill if we are lucky

Plan your trade, trade your plan!

[Author]

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