MONDAY 24/04/17 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR MONDAY 24TH APRIL 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 17/04/2017.
TODAY IS DAY5.

KTS
NONE IN PLAY.

SYSTEM BDIP
We have a BDIP triggered at close on 17/04/2017.
It is now negated after DAY4.

DAY1… We got a low of -13.75.
DAY2… We got a low of -6.00.
DAY3… We got a low of -1.25.
DAY4… We got a low of -11.00.

SYSTEMS TRIGGERED

ESL1 NEXT DAY
GOOD CHANCE OF A -3

ESC
CAN GET A +3 BUT SHOULD GET A -3. CHANCES OF -5, -7, -10

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

SPXC
Spx <-4 should give big down -7/-10. Likewise <+3 high will trade negative and close negative. Conclusion may be short +2 Spx. Rarely closes at highs

Spoos closed at 2347.50 (basis Jun)

K+3 = 2350.50

K-3 = 2344.50

Conclusion

We have 1 KHC+3 SYSTEMS in play.

We have a KTB2 DAY5 in play.

Plan your trade, trade your plan!

[Khalsa]

Oh well, the French elections in a single day undid days of losses.

Once again 2340/3 area failed to break down.

Either this is just a reaction rally to fool the bears or its real.

Personally I still think we have unfinished business and go below 2300 but got to be careful of the bulls dipping.

Lets see if tomorrow is turnaround Tuesday after this mad typical WNER Monday.

Plan your trade, trade your plan!

[Author]

Posts