Hi all,

Recap ….

Intraday wise …. I banked 4 points in spoos today.

I have 1 long in spoos, 1 short in Ftse & 13 shorts in spoos and 2 swing positions open.

Onto today …

KP

None in play.

KTB

None in play.

KTS

We have a KTS triggered at close on 19/09/13.
TODAY IS DAY2.

SYSTEM BDIP

We have a BDIP triggered at close on 17/09/2013.
TODAY IS DAY4.

DAY1… We got a low of -6.00.
DAY2… We got a low of -4.50.
DAY3… We got a low of -16.25.
DAY4…

DDUD

We have a DDUD season triggered at close on 11/07/2013.
It is now negated after DAY2.

SYSTEMS TRIGGERED

SYSTEM ESH1

MORE CHANCE OF UPSIDE THAN DOWNSIDE, USUALLY TRADE -VE AT SOME POINT, NORMALLY GET +3, IF NO +3 THEN RARELY CLOSES AT LOWS, DOWNSIDE UNSUSTAINABLE. CHANCES OF +5, +7 ALSO. ALSO THE CLOSE CAN BE VERY ERRATIC. AFTER THIS SYSTEM THERE IS ANOTHER CHANCE OF A +3 THE NEXT DAY,

SYSTEM ESA (KHC+3)
SHOULD GET +3/+5/+7, HOWEVER IT CAN BE AFTER A DRAWDOWN, CLUE IS TRADING > +2.

ES5
SHOULD GET +3,+5 BUT RARELY CLOSES AT HIGHS

ES 5B
CAN GIVE UPTO +5 & -5. INITIAL DIRECTION IS USUALLY A FADE.

ES 5C (KHC+3)
USUALLY GIVE A +3 AND CLOSES POSITIVE. RARELY CLOSES AT LOWS

SYSTEM ES8 (KHC+3)
MORE CHANCE OF UPSIDE THAN DOWNSIDE. USUALLY GIVES A +3.

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

SYSTEM SPX5
Not much lower in RTH, High +4/+5, HOWEVER IF SPX GAPS DOWN OPEN IT CAN BE A SERIOUS NEGATIVE SD DAY

SYSTEM SPX5B
TRENDING SYSTEM, IF SPX TRADES > -3 LOW THEN CAN GET +3/+5, IF SPX TRADES < -3 SHOULD GET -3/-5, IF HIGH TRADED IS < 3 THEN SD DAY AND CLOSE NEGATIVE

SYSTEMSPXH1
CAN GIVE +3,+5,+7 WITH A POSITIVE CLOSE. THE CLUE IS NOT TRADING MUCH NEGATIVE RTH

Spoos closed at 1702.50 (basis Dec)

K+3 = 1705.50

K -3 = 1699.50

Conclusion

We have 4 KHC+3 SYSTEMS in play.

We have a KTS DAY2 & BDIP DAY4 in play.

Well all week last worked out very good last week upto the opening tick high on for crooks quad oe on Friday, however then rather than rally back into close, it just slid away till close in a grind down way.

The second KTS did indeed cause a cit for now but as it triggered on the eve of crooks quad oe day, for me it was impossible to put a swing short on for it.

However it was a very good week for bankings and that is all that matters. There will always be missed opportunites.

I find myself day long from Friday 1709.

So where now?

SPX support is at 1698 and then nothing to 1680 SPX ish.

Although we went down on Friday, for now nothing to say the larger trend is down.

This week is absolutely crucial for us to determine next trend.

Early signs are:

• Friday did not rally into close
• Will WNER not play out as per usual and go up?
• Whatever happens Monday, is there follow through on Tuesday

So by Tuesday we can determine the game being played.

Broken support is 1710/3 and that is what it needs to get above to change the short term pattern

Resistance is at 1708 and then 1715. Above that it can rally

Support is at 1696 and then 1693 and then 1688 and then below that there is a gap target of 1682.

Good luck.

Well this week is all about seeing the initial action.

Was Friday the start of a CIT? WIll it grind out into a topping process or will it do the usual and a short sharp fall and then up to new highs?

First of all we need to watch and respect resistances and supports. SPX 1698/1700 is a KEY as well as the ES levels above

We need to see if Monday is a WNER or follow through from Fridays selling?

So for now I remain SWING SHORT and 1 position DAY LONG from Friday at 1709.

As it stands it does not look good but we shall see.

No new positions until tomorrow RTH at the earliest as a guess.

so it seems like you are not alerted to new threads, however once you subscribe to a thread, you will be alerted to all new posts.

I could enable a setting where when a new thread is created you would all get an email.

That would probably cause email overload though

That’s a good idea for daily threads….

Or else can I change my password to something easier to remember…lol

Dan.

I can add names individually to update them when any new threads re posted in individual forums. I will add yours and whoever wants that also.

Please let me know whoever else wants that.