THURSDAY 05/10/2017 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 5TH OCTOBER 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, 10 shorts in spoos & 2 swing positions in spoos open.

Onto today …

KP
None in play.

KTB
We have a KTB triggered at close on 05/06/2017.
It is now negated after DAY7.

KTS
We have a NEW KTS triggered at close on 28/09/2017.
TODAY IS DAY5.

SYSTEM BDIP
We have a BDIP triggered at close on 03/10/2017.
TODAY IS DAY2.

DAY1… We got a low of -3.75.
DAY2…
DAY3…
DAY4…

SYSTEMS TRIGGERED

ES15B

ES17
UPSIDE UNSUSTAINABLE

ES19B

ES96A (KHC-3)
USUALLY GIVES A +3 AND A -3. DOES NOT CLOSE NEAR HIGHS OR LOWS

ES90
DOWNSIDE SHOULD BE MORE THAN UPSIDE. USUALLY PRINTS LITTLE POSITIVE AND NEGATIVE CAN BE -5, -7. HIGHS SHOULD BE CONTAINED WITHIN +6 AND GOOD CHANCE OF A NEGATIVE CLOSE.

SYSTEM 132
SHOULD GET A -3/ -5

SPX 10B (KHC-3)
CHANCE OF BOTH +3 AND -3 BUT VERY GOOD CHANCE OF -3. DOES NOT CLOSE AT HIGHS

SPX20A

SPX96A

Spoos closed at 2535.75 (basis Dec)

K+3 = 2538.75

K-3 = 2532.75

Conclusion

We have 2 KHC-3 SYSTEMS in play for today. Upside unsustainable according to systems triggered.

We have a BDIP DAY2 & KTS DAY5 in play.

Plan your trade, trade your plan!

[Khalsa]

I will short today for a scalp.

It will be a 5 pointer / target of a -3/-5.

Looking for 2340/3 area to short

It should be a lot more than a 5 pointer but really this market remains on steroids.

Complete complacency and makes no sense at all.

Plan your trade, trade your plan!

[Khalsa]

I really do not feel like it. Absolutely amazing how it can just keep going up every day with no retrace.

Short 2542.50 as per plan.

Limits in to close for 5 points.

 

Plan your trade, trade your plan!

[Khalsa]

Vix is now 9.14.

The stupid part of this is Trump gets to announce every day that the “DOW and SPX just made new highs”

Grind up stairstep, going parabolic, never good long term but God knows here it tops out first.

Plan your trade, trade your plan!

[Khalsa]

KTS’s are working, System MS’s are not working,

Just waiting for that 30-70 point down SYSTEM to trigger again but not sure if that will make any difference.

There is simply no selling whatsoever.

 

Plan your trade, trade your plan!

[Khalsa]

Khalsa wrote:

Vix is now 9.14. The stupid part of this is Trump gets to announce every day that the “DOW and SPX just made new highs” Grind up stairstep, going parabolic, never good long term but God knows here it tops out first.

Vix now 9.40.

Low was 9.13.

However all completely meaningless and the dipsters remain totally in control.

Plan your trade, trade your plan!

[Khalsa]

Incredible. I am six points out on a short.

It just carried on zooming up and now been in a 1 point range for nearly 3 hours.

Its absolutely hopeless but equally sad at the same time.

 

Plan your trade, trade your plan!

[Author]

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