THURSDAY 15/06/2017 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 15TH JUNE 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 KTS triggered at close on 14/06/2017.
TODAY IS DAY1.

SYSTEM BDIP
We have a BDIP triggered at close on 05/06/2017.
It is now negated after DAY4.

DAY1… We got a low of -8.25.
DAY2… We got a low of -6.75.
DAY3… We got a low of -4.75.
DAY4… We got a low of -20.00

SYSTEMS TRIGGERED

ESL1 NEXT DAY
GOOD CHANCE OF A -3

SYSTEM ESG (KHC+3)
SHOULD GET +3 MINIMUM, CAN GO TO +5,+7,+10.

SYSTEM SPXE
MORE DOWNSIDE THAN UPSIDE, CHANCES OF -4,-7, THE CLUE TO A DOWN IS SPX TRADING NOT MORE THAN +3, SPX TRADING > +3 GIVES CHANCE TO A POSITIVE CLOSE. IF SPX DOES NOT TRADE MUCH NEGATIVE IT CAN BE A SU SYSTEM BUT DOES NOT CLOSE AT HIGHS.

Spoos closed at 2435.25 (basis Jun)

K+3 = 2438.25

K-3 = 2432.25

Conclusion

We have 1 KHC+3 SYSTEM in play.

We have a KTS DAY1 in play.

Plan your trade, trade your plan!

[Khalsa]

Khalsa wrote:

Crooks quad oe week. The sellers cannot gain traction against the dipsters that just continue to buy the dip. FED is this week who should raise interest rates 0.25 bps and then Friday quad witching. I am still expecting this to just turn down any time now.

This was my last post.

Problem is everytime Bears great excited we have a DDUD close.

We have to see where we end up after crooks quad oe and Monday WNER now.

Really, really sad pattern that Fridays and Mondays are always bullish biased and come round so quickly.

Until we break the 2415 circa area down on SPX, one has to assume its still bullish and this is just another 20-30 point correction

 

Plan your trade, trade your plan!

[Author]

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