THURSDAY 17/11/2016 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 17TH NOVEMBER 2016

Hi all,

Recap ….

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

I have 1 short on Dow, 6 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 NEW KTS triggered at close on 16/11/2016.
TODAY IS DAY1.

SYSTEM BDIP
We have a BDIP triggered at close on 14/11/2016.
TODAY IS DAY3.

DAY1… We got a low of -2.50.
DAY2… We got a low of -10.50.
DAY3…
DAY4…

We have a BDIP triggered at close on 10/11/2016.
It is now negated after DAY4.

DAY1… We got a low of -18.25.
DAY2… We got a low of -8.25.
DAY3… We got a low of -2.50.
DAY4… We got a low of -10.50.

We have a BDIP triggered at close on 09/11/2016.
It is now negated after DAY4.

DAY1… We got a low of -12.50.
DAY2… We got a low of -18.25.
DAY3… We got a low of -8.25.
DAY4… We got a low of -2.50.

We have a BDIP triggered at close on 07/11/2016.
It is now negated after DAY4.

DAY1… We got a low of -10.00.
DAY2… We got a low of -106.75.
DAY3… We got a low of -12.50.
DAY4… We got a low of -18.25.

DDUD
We have a DDUD triggered at close on 01/11/2016.
TODAY IS DAY11.

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 ESH1
MORE CHANCE OF UPSIDE THAN DOWNSIDE, USUALLY TRADE -VE AT SOME POINT, NORMALLY GET +3, IF NO +3 THEN RARELY CLOSES AT LOWS, DOWNSIDE UNSUSTAINABLE. CHANCES OF +5, +7 ALSO. ALSO THE CLOSE CAN BE VERY ERRATIC. AFTER THIS SYSTEM THERE IS ANOTHER CHANCE OF A +3 THE NEXT DAY

SYSTEM 130
ANY GAP UP OPEN SHOULD BE FILLED

SPXC
Spx <-4 should give big down -7/-10. Likewise <+3 high will trade negative and close negative. Conclusion may be short +2 Spx. Rarely closes at highs

SYSTEM SPX6A
USUALLY GIVES +3/+5. BUT DOES NOT ALWAYS CLOSE POSITIVE.

Spoos closed at 2172.50 (basis Dec)

K+3 = 2175.50

K-3 = 2169.50

Conclusion

We have 1 KHC+3 SYSTEMS in play. Any gap up open should fill the same day as per SYSTEM130.

We also have a BDIP DAY3, DDUD DAY12 & KTS DAY1 in play.

Plan your trade, trade your plan!

[Qman]

Normal Yellen reaction – no matter what she says.

Hope we don’t break up thru ATH and then really Zoom…..

 

[Khalsa]

Absolutely indeed Q, total normal reaction.

MAD MODE continues but jigsaw is completing.

Close to 2200 target now before what I hope is 2000 next.

Plan your trade, trade your plan!

[Author]

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