MONDAY 22/05/17 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR MONDAY 22ND MAY 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, 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 17/04/2017.
It is now negated after DAY14.

KTS
We have a KTS triggered at close on 12/05/2017.
TODAY IS DAY6.

SYSTEM BDIP
We have a BDIP triggered at close on 19/05/2017.
TODAY IS DAY1.

DAY1…
DAY2…
DAY3…
DAY4…

We have a BORDERLINE BDIP triggered at close on 15/05/2017.
It is now negated after DAY4.

DAY1… We got a low of -4.75.
DAY2… We got a low of -43.00.
DAY3… We got a low of -13.00.
DAY4… We got a low of -2.50.

We have a BDIP triggered at close on 10/05/2017.
It is now negated after DAY4.

DAY1… We got a low of -16.25.
DAY2… We got a low of -6.75.
DAY3… We got a low of -0.75.
DAY4… We got a low of -4.75.

SYSTEMS TRIGGERED

ESH2 NEXT DAY (KHC+3)
USUALLY GIVES +3

ESL1 NEXT DAY
GOOD CHANCE OF A -3

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

ESL2
USUALLY GIVES -4/-7

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

SPX4A

 

Spoos closed at 2381.50 (basis Jun)

K+3 = 2384.50

K-3 = 2378.50

Conclusion

We have 1 KHC+3 SYSTEMS in play.

We have a BDIP DAY1 & KTS DAY6 in play.

Plan your trade, trade your plan!

[Khalsa]

A new BDIP is great and that continues the BDIP & KTS combo.

However it’s WNER day so I cannot add here but will short a rally today for a – 3/-5/-7.

This is how I will play this market until supports break and we have a CIT

Plan your trade, trade your plan!

[Author]

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