THURSDAY 11/05/2017 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 11TH MAY 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.
It is now negated after DAY14.

KTS
NONE IN PLAY.

SYSTEM BDIP
We have a BDIP triggered at close on 10/05/2017.
TODAY IS DAY1.

DAY1…
DAY2…
DAY3…
DAY4…

SYSTEMS TRIGGERED

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

SYSTEM SPXD
MORE DOWNSIDE THAN UPSIDE, NEGATIVE BIAS DAY

SYSTEM SPX6
SHOULD BE MORE DOWNSIDE THAN UPSIDE, COULD BE A TRENDING DAY

Spoos closed at 2395.25 (basis Jun)

K+3 = 2398.25

K-3 = 2392.25

Conclusion

We have NO KHC SYSTEMS in play.

We have a BDIP DAY1 in play.

Plan your trade, trade your plan!

[Khalsa]

Very pleased to see a BDIP but all that means is a drop and pop really.

SPXD is great but without ESD means little also.

The frustration continues sadly. Nothing we can do as nothing conventionally is working in the market. If one adds to shorts then it can just be a zoom up day anytime after the consolidation. We have to wait for something definitive.

Plan your trade, trade your plan!

[Khalsa]

and thats all the BDIP was … a drop and pop.

Absolutely crazy that dipsters are continued to be rewarded day in, day out.

Plan your trade, trade your plan!

[Author]

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