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SYSTEMS FOR MONDAY 24TH FEBRUARY 2014
Hi all,
Recap ….
Intraday wise …. I banked 10 points in spoos today.
I have 1 short in Ftse, 17 shorts in spoos and 2 swing positions open.
Onto today …
KP
None in play.KTB
We have a KTB triggered at close on 05/02/2014.
It is now negated after DAY3.KTS
We have a KTS triggered at close on 10/02/2014.
TODAY IS DAY9.SYSTEM BDIP
We have a BDIP triggered at close on 20/02/2014.
TODAY IS DAY2.DAY1… We got a low of -3.25.
DAY2…
DAY3…
DAY4…DDUD
None in play.SYSTEMS TRIGGERED
ESL1 NEXT DAY
GOOD CHANCE OF A -3SYSTEM ESG (KHC+3)
SHOULD GET +3 MINIMUM, CAN GO TO +5,+7,+10.SYSTEM SPXG
More chance of upside than downside. Usually get +3,Trading > +3 SPX = chances of +5, +7,+10. Could also gap up open.Spoos closed at 1834.25 (basis Mar)
K+3 = 1837.25
K-3 = 1831.25
Conclusion
We have 1 KHC+3 SYSTEMS in play.
We also have a BDIP DAY2 & KTS DAY9 in play.
Plan your trade, trade your plan!
Good morning all,
I really wanted to short this for the crooksday down and then WNER down plan and also the potential top circa 1840 ES and 1840 SPX idea.
The only caveat is ESG / SPXG and that can be a +5/+7 minimum bur more like a DDUD print in the BULL phase.
My feeling is that we have or are about to CIT. Hence I feel with that ESG/SPXG combo can fail.
Problem is I am already short enough if it falls, so with WNER in play in MAD MODE (no confirmation for sure it is over), therefore I cannot add here.
However, if we go up from here towards Fridays highs, I will definitely short it
Plan your trade, trade your plan!
Just as well, that I paid attention to ESG/SPXG.
Nothing for me to do until RTH open at the earliest
Plan your trade, trade your plan!
Wow a proper and mega ESG/SPXG combo. Even then they triggered, I never expected this.
It just goes to show, MAD MODE and Bullish combo systems like that, and it just goes totally mad.
Low was 1732, 70-130 points up from there with $VOLD puts us to a max high of 1862.
To me that is the key and I will play that to the max.
I am just so glad I had to go out. There was No GFS at open today, so more than likely I would not have got caught today in this being WNER, NO GFS and SPXG/ESG combo.
SU level now 1851.
Still nothing to do
Plan your trade, trade your plan!
lol Dan, sure, but what happens if you get stopped out at the highs when you are asleep.
You will wake up 2 years later, totally furious!
Plan your trade, trade your plan!
Wow a proper and mega ESG/SPXG combo. Even then they triggered, I never expected this. It just goes to show, MAD MODE and Bullish combo systems like that, and it just goes totally mad. Low was 1732, 70-130 points up from there with $VOLD puts us to a max high of 1862. To me that is the key and I will play that to the max. I am just so glad I had to go out. There was No GFS at open today, so more than likely I would not have got caught today in this being WNER, NO GFS and SPXG/ESG combo. SU level now 1851. Still nothing to do
That ESG/SPXG combo made me pause from doing anything today too, although todays rise is so totally against the poor data that came out today, the most you could have predicted was another go nowhere day, today is symptomatic of how completely perverse the markets are, gap up and surge on crap data ???
The spoos chart looks like it is now entering the parabolic blow-off phase guessing anywhere north of 1930-50 maybe even 2000.
<span style=”line-height: 1.5em;”>Kman </span>how are you seeing it ?
I think Smashie, as you say today is another stark reminder that anything can and will happen.
We certainly cannot just short rallies for the sake of it being overbought.
For now today again proves MAD MODE is in play and we cannot short it.
I will go for a short though at 1862 (1860/3) basis the 130 points up on this $VOLD.
I predicted a quick sharp 30 points down and we got that last week to the day.
As of now, no such prediction in play.
The next signal from MS will be a short, but lets see when it triggers. Either way its a short term SYSTEM.
We need another BDIP to change the tide and get some -7/-10/-13 days.
Plan your trade, trade your plan!
Spx high was in oct 2007 at 1576 intraday. Lehmans crashed in sep 2008 (Bear Sterns earlier the same year). Low reached was 666 in March 2009.
17 months to lose 910 points!
Interesting that Lehmans wasn’t the reason it fell off its high. It had pulled back to c. 1200 by the time that happened….
3650 resistance support when it tanked from 5000 ish in 2000. Remember it very well. Some huge rallies intersecting the declines. Went to 4250 area before vanishing to under 3000.
Curious drop into close.. I thought they would ramp it and kill more bears but no.
No all time closing high today then. Shame…
Very curious but maybe not. I walked away and I see MS went short circa 1850.
Shame I missed that as it changed the picture shortly after I went down.
Once it broke the SU level posted above it never came back.
Still I must not chase it as it is relentless.
Lets see if it wants to retest 1851 tomorrow and that can be a short but it may get back to 1853/5 area.
Plan your trade, trade your plan!
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