MONDAY 31/10/16 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR MONDAY 31ST OCTOBER 2016

Hi all,

Recap ….

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

I have 10 shorts in spoos & 2 swing positions in spoos open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 15/09/2016.
It is now negated after DAY18.

KTS
We have a KTS2 triggered at close on 21/10/2016.
TODAY IS DAY7.

SYSTEM BDIP
We have a BDIP triggered at close on 27/10/2016.
TODAY IS DAY2.

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

We have a BDIP triggered at close on 26/10/2016.
TODAY IS DAY3.

DAY1… We got a low of -11.25.
DAY2… We got a low of -11.00.
DAY3…
DAY4…

We have a BORDERLINE BDIP triggered at close on 20/10/2016.
It is now negated after DAY4.

DAY1… We got a low of -13.75.
DAY2… We got a low of 0.00.
DAY3… We got a low of -9.00.
DAY4… We got a low of -13.25.

DDUD
NONE IN PLAY.

SYSTEMS TRIGGERED

ESH1 NEXT DAY (KHC+3)
USUALLY GIVES +3, IF IT GAPS DOWN THEN IT CAN GIVE A DDDD AND THEN BOUNCE AND MAKES A +3 LESS LIKELY.

ESB
SHOULD GET +3 AND -3 BOTH. CAN BE A TRENDING SYSTEM. > +5 SHOULD TREND UP AND < -5 SHOULD TREND DOWN.

ESH2 (KHC+3)
CAN GIVE +3,+5,+7,+10. HOWEVER FAILURE TO PRINT +3 USUALLY RESULTS IN DOUBLE DIGIT DOWN DAY. DOES NOT USUALLY CLOSE AT HIGHS.

ESH10
CHANCE OF +3/+5, IF IT GOES FOR LOWS IT SHOULD NOT CLOSE AT LOWS. HOWEVER COULD BE A VERY BIG RANGE DAY.

SYSTEM ESL1
MORE CHANCE OF DOWNSIDE THAN UPSIDE, USUALLY TRADE POSITIVE AT SOME POINT, NORMALLY GET -3, IF NO -3 THEN RARELY CLOSE AT HIGHS, UPSIDE UNSUSTAINABLE & CLOSE WITH LITTLE CHANGE ON THE DAY. CHANCES OF -7, -10 & -17 ALSO. THE CLOSE CAN BE VERY ERRATIC. ALSO AFTER THIS SYSTEM THERE IS ANOTHER CHANCE OF A -3 THE NEXT DAY

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

SYSTEM 81A (KHC-5)
USUALLY GIVES A BIG NEGATIVE PRINT AND CLOSES NEGATIVE, BUT IT CAN BE VIA A +3/+5

SYSTEM SPXH1
CAN GIVE +3,+5,+7 WITH A POSITIVE CLOSE. THE CLUE IS NOT TRADING MUCH NEGATIVE RTH

Spoos closed at 2123.75 (basis Dec)

K+3 = 2126.75

K-3 = 2120.75

Conclusion

We have 3 KHC+3 & 1 KHC-5 SYSTEMS in play.

We also have a BDIP DAY2, BDIP DAY3 & KTS2 DAY7 in play.

Plan your trade, trade your plan!

[Khalsa]

Double BDIP, KTS thats getting old and on trigger for a new KTS.

Jigsaw completing, continues to look bearish to me however continues to catch support and bounce.

Still below 2140/3/5.

Once again lets get WNER out of the way and then look to Tuesday, Wednesday and Thursday as being the only days its allowed to fall.

However this week on those days its a FED meeting and they only ever seem to go up.

Maybe different this time as the charts still look bearish to me and ready for another leg down

 

Plan your trade, trade your plan!

[Qman]

Every year I forget and the penny finally drops…..

[Author]

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