Hi all,

Recap ….

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

I have 1 short in Ftse & 18 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB

We have a KTB2 triggered at close on 24/10/2013.
IT IS NOW NEGATED AFTER DAY4.

KTS

We have a KTS triggered at close on 31/10/2013.
It is now negated after DAY6.

SYSTEM BDIP

We have a BDIP triggered at close on 13/11/2013.
TODAY IS DAY1.

DAY1…
DAY2…
DAY3…
DAY4…

We have a BDIP triggered at close on 08/11/2013.
TODAY IS DAY4.

DAY1… We got a low of -3.25.
DAY2… We got a low of -9.00.
DAY3… We got a low of -10.75.
DAY4…

We have a BDIP triggered at close.
It is now negated after DAY4.
DAY1… We got a low of -12.25.
DAY2… We got a low of -0.75.
DAY3… We got a low of -23.00.
DAY4… We got a low of -9.00.

DDUD
We have a DDUD season triggered at close on 11/07/2013.
It is now negated after DAY2.

SYSTEMS TRIGGERED

SYSTEM ESF
CAN BE A TRENDING DAY. IF NO +3 AND THEN IT TRADES <-4, IT CAN THEN TREND DOWN. LIKEWISE IF NO -3 AND THEN IT TRADES >+4, IT CAN THEN TREND UP.

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

ES8A
SHOULD GET+3 AND A -3. DOES NOT ALWAYS CLOSE AT LOWS

SYSTEM 81 (KHC+3)
USUALLY GIVES +3,+5

SYSTEM SPXF
MORE CHANCE OF A +3 THAN A -3. IF SPX GAPS DOWN THEN IT USUALLY NEGATES THE POSITIVE CALL AND CAN BE A NEGATIVE SYSTEM

SYSTEM SPXL1
VERY ERRATIC SYSTEM IN TERMS OF HIGH/LOW/CLOSE. USUALLY IS A DOJI DAY WITHIN +5 / -5. TRADING > +5 USUALLY CLOSES POSITIVE, TRADING < -5 CLOSES NEGATIVE. THAT’S WHEN IT BECOMES A TRENDING SYSTEM

SYSTEM SPX5D (KHC-3)
USUALLY DO NOT GET MUCH POSITIVE, BUT CAN BE A VERY NEGATIVE PRINT. CAN EXPECT -5,-7,-10.

Spoos closed at 1778.50 (basis Dec)

K+3 = 1781.50

K-3 = 1775.50

Conclusion

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

We have a BDIP DAY4 & BDIP DAY1 in play.

Resistances are out on the window for now with this breakup.

1768/70 is the support to break for a CIT.

Double BDIP sounds good and even if we get minimums, dipsters are loving this market.

MS targets are done and dusted, so no magnets below.

On wait for a KTS and thats the one, once we get BDIP and KTS combo, it can change.

Yellen idiot tomorrow talking, maybe a pop and drop on that, but really no idea.

Happy to miss trades to ensure no stupid ones that go out in a flash.

Lets see tomorrow, not going to short tonight as it stands.

I am so glad I did not short this yesterday or after close.

It is a break up.

Question is now, is it a throwover or is it real.

Basis this, 1800 SPX for XMAS will not be the top which then means, what will be?

I am so tempted to short it here but that would be a gamble play.

Have to now wait for Yellen and try and short a Yellen spike today.

If I can get 1789 ish ES to short or above, thats my cue for a possible gap fill

But yes that is the plan

High was 1788.50, my idea was 1789.

It got to 1783.75 after that, so would have worked.

SU level now 1783.75.

Hoping the market does the same

Short 1785.75