THURSDAY 24/08/2017 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 24TH AUGUST 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 NEW KTS triggered at close on 11/08/2017.
TODAY IS DAY9.

SYSTEM BDIP
We have a BDIP triggered at close on 25/07/2017.
It is now negated after DAY4.

DAY1… We got a low of -2.75.
DAY2… We got a low of -16.25.
DAY3… We got a low of -10.50.
DAY4… We got a low of -5.00.

SYSTEMS TRIGGERED

ESL2 NEXT DAY (KHC-4)
GIVES -4/ -7

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

ES5
SHOULD GET +3,+5 BUT RARELY CLOSES AT HIGHS

ES 5B
CAN GIVE UPTO +5 & -5. INITIAL DIRECTION IS USUALLY A FADE.

ES 5C (KHC+3)
USUALLY GIVE A +3 AND CLOSES POSITIVE. RARELY CLOSES AT LOWS

SYSTEM ES8 (KHC+3)
MORE CHANCE OF UPSIDE THAN DOWNSIDE. USUALLY GIVES A +3.

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

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 SPXH1
CAN GIVE +3,+5,+7 WITH A POSITIVE CLOSE. THE CLUE IS NOT TRADING MUCH NEGATIVE RTH

Spoos closed at 2441.50 (basis Sep)

K+3 = 2444.50

K-3 = 2438.50

Conclusion

We have 4 KHC+3, & 1 KHC-4 SYSTEMS in play for today.

We have a KTS DAY9 in play.

Plan your trade, trade your plan!

[Khalsa]

Another Thursday, another down.

2440/3 area remains critical. Its been whipsawing it all day.

Again I repeat that it all looks bearish but yet the dipsters just continue to buty it from nowhere.

Only resolution is a sharp down day but with crooksday tomorrow and then WNER on Monday, we are back to that cycle again of upward bias.

One of these crooksdays/WNER it will surprise us and not look back, thats how they do it everytime.

Plan your trade, trade your plan!

[Khalsa]

Once 2420 and then 2400/3 area go, I reckon we can see 2355 ish

Plan your trade, trade your plan!

[Author]

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