MONDAY 14/03/16 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR MONDAY 14TH MARCH 2016

Hi all,

Recap ….

Intraday wise …. I banked 0 points today.

I have 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 03/02/2016.
It is now negated after DAY5.

KTS
We have a new KTS5 triggered at close on 08/03/2016.
TODAY IS DAY4.

SYSTEM BDIP
We have a BDIP triggered at close on 04/03/2016.
It is now negated after DAY4.

DAY1… We got a low of -10.50.
DAY2… We got a low of -23.00.
DAY3… We got a low of -3.00.
DAY4… We got a low of -21.75.

We have a BDIP triggered at close on 03/03/2016.
It is negated after DAY4.

DAY1… We got a low of -6.50.
DAY2… We got a low of -10.50.
DAY3… We got a low of -23.00.
DAY4… We got a low of -3.00.

We have a BDIP triggered at close on 02/03/2016.
It is now negated after DAY4.

DAY1… We got a low of -8.25.
DAY2… We got a low of -6.50.
DAY3… We got a low of -10.50.
DAY4… We got a low of -23.00.

DDUD
We have a DDUD triggered at close on 18/02/2016.
It is now negated after DAY9.

SYSTEMS TRIGGERED

ESL2 NEXT DAY (KHC-4)
GIVES -4/ -7

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

ESL3 (KHC-5)
SHOULD GET A GOOD NEGATIVE PRINT . DOES NOT ALWAYS CLOSE AT LOWS.

SYSTEM ES3
SHOULD GET -3. UPSIDE AND DOWNSIDE UNSUSTAINABLE. LOWS TRADED SHOULD BE LOWER THAN HIGH TRADED, SHOULD NOT CLOSE AT HIGHS, IF WE TRADE < -3 CHANCE OF -7, -10.

SYSTEM ES7
POSSIBLE DOJI DAY, CAN BE WHIPPY AND UNTRADEABLE, ANY GAP UP OPEN SHOULD FILL THE SAME DAY. ITS NOT A SU MARKET AND RARELY MAKES MUCH PROGRESS.

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

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

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 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

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 2020 (basis Mar)

K+3 = 2023

K-3 = 2017

Conclusion

We have 1 KHC+3, 1 KHC-4 & 1 KHC-5 SYSTEMS in play. Any gap up open should fill the same day as per Systems ES7 & SPX9.

We have a KTS5 DAY4 in play.

Plan your trade, trade your plan!

[MAURITIUS]

Hoping the inversion continues 🙂

Oscar starts session as buyer of dips in spoos and nasdaq and grains. Neutral on gold.

[Khalsa]

No idea Dan.

The plus point for Bears is that it closed on Friday with a MARABOZU right at the 200 DMA target on SPX.

Above this opens up 2040 / 2080 in SPX as already discussed.

Its crooks quad oe week and there is no stopping them whatsoever when they decide they have a target in mind for that.

Worse still the original plan was for a low last Thursday and then up into this Friday / Next Monday. So far we did get that low on Thursday in style (ie 55 points up by the end of Friday from there).

I am confused between Gold and Silver currently. Gold looks like it wants lower and Silver looks like it wants higher

Plan your trade, trade your plan!

[Khalsa]

With DAX already up 160 and at 10000 yet again, its definitely not looking good

Plan your trade, trade your plan!

[Khalsa]

Oh dear, its still trying its best to grind higher.

 

Plan your trade, trade your plan!

[Author]

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