Hi all,

Recap ….

Intraday wise …. I banked 3 points in spoos today.

I have 1 short in Ftse & 13 shorts in spoos and 2 swing positions open.

Onto today …

KP

None in play.

KTB

We have a KTB triggered at close on 29/08/2013.
It is now negated after DAY3.

KTS

We have a KTS2 triggered at close on 12/09/13.
This has been negated on DAY2.

SYSTEM BDIP

We have a BDIP triggered at close on 17/09/2013.
TODAY IS DAY2.

DAY1… We got a low of -6.00.
DAY2…
DAY3…
DAY4…

DDUD

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

SYSTEMS TRIGGERED

ESL1 NEXT DAY
GOOD CHANCE OF A -3

ESH

USUALLY GET +3 AND -3. MORE CHANCE OF -3. NORMALLY IS A DOJI TYPE DAY WITHIN +5 AND -5. TRADING < -5 GIVES CHANCE TO SD DAY

ESL2
USUALLY GIVES -4/-7

SYSTEM 80
USUALLY GET -3. IF IT GAPS UP OPEN, THEN USUALLY NOT MUCH DOWNSIDE PAST -3 AND CAN CLOSE +VE. USUALLY DOES NOT CLOSE AT HIGHS. SMALL CHANCE OF BEING A DDDD DAY

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

SPX96 (KHC-3)
MORE DOWNSIDE THAN UPSIDE, NORMALLY GIVES A MINIMUM OF -3 BUT OFTEN GIVES -5,-7, GOOD CHANCE OF -VE CLOSE, CHANCE OF A GAP DOWN OPEN, THEN TRENDING DOWN DAY, UPSIDE NOT VERY SUSTAINABLE ,NEVER CLOSED > 6.38 AND THAT WAS AN EXCEPTION.

Spoos closed at 1718 (basis Dec)

K+3 = 1721

K -3 = 1715

Conclusion

We have 1 KHC-3 SYSTEMS in play.

We have a BDIP DAY2 in play.

Conclusion was basis at best BDIP -5/-7. We got a -6 in the end and then the FED came out and it just flew. I missed that part as I was not here.

I have no complaints with it though as it was ‘perky’ and ‘onwards and upwards’ and we did get the minimum print I wanted of a -5/-7.

All shorts were scalps.

Crooks quad oe on Friday.

It still remains in MAD MODE with new highs for the indices.

So for now its exactly the same bias and we are on alert for a 2nd KTS which my guess should be a short term top if it has some BDIP’s in play also.

Very hard to give resistance levels when its a break up like this.

Support to break is 1710/13 (resistance break up level from yesterday). If that supports it can carry on up for now.

Good luck

Well all I can say is the daily bias of “onwards and upwards” should have saved us from getting caught short in this runaway market.

Like Tuesday I will be more than happy to short a +3/+5. If I get that to short tomorrow I will again.

Basis for that is the KHC-3 SYSTEM in play and SYSTEMS in general seem bearish biased.

Other than that a swing short will happen when we get the next KTS imo.

Lets see

Short DAX 8743.8 and limits in for 20 points to close

SPOOS S2L day

Ameera Birthday

and lol me Off Nottingham Drop Tanzilla for UNIVersity start

Good Luck to us all

rgds

zarif

Totally mad but am backing my plan.

Short 1722.25 basis the +5

DAX looks overcooked. I think its a short here for a quick 20 points tomorrow. Short DAX 8743.8 and limits in for 20 points to close

Truly blessed. Limits hit for 20 points at open.

Yeehaa