MON/TUESDAY 16 & 17/01/17 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR MONDAY/TUESDAY 16TH/17TH JANUARY 2017

Hi all,

Recap ….

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

I have 1 long in Gold, 1 long in Silver, 1 short on Dow, 9 shorts in spoos & 2 swing positions in spoos open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 03/01/2017.
TODAY IS DAY9.

KTS
We have a NEW KTS5 triggered at close on 28/12/2016.
It is now negated after DAY3.

SYSTEM BDIP
NONE IN PLAY.

DDUD
We have a DDUD triggered at close on 01/11/2016.
It is now negated after DAY12.

SYSTEMS TRIGGERED

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

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

SPX4A

Spoos closed at 2270.75 (basis Mar)

K+3 = 2273.75

K-3 = 2267.75

Conclusion

We have 1 KHC-4 & 1 KHC-5 SYSTEMS in play.

We have a KTB2 DAY9 in play.

Plan your trade, trade your plan!

[Khalsa]

Same Systems Day2 due to MLK day yesterday.

ES3 & ES7 combo working well.

Still no way near my 4% correction target but going the right way.

Europe is selling but we need the diopter to die in the US for downside traction to gain momentum.

Plan your trade, trade your plan!

[Author]

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