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SYSTEMS FOR THURSDAY 25TH FEBRUARY 2016
Hi all,
Recap ….
Intraday wise …. I banked 0 points today.
I have 2 Longs in Oil, 5 shorts in spoos & 2 swing positions in spoos open.
Onto today …
KP
None in play.KTB
We have a KTB2 triggered at close on 03/02/2016.
It is now negated after DAY5.KTS
We have a KTS5 triggered at close on 23/02/2016.
TODAY IS DAY2.SYSTEM BDIP
We have a BDIP triggered at close on 16/02/2016.
TODAY IS DAY3.DAY1… We got a low of -20.50.
DAY2… We got a low of -27.50.
DAY3…
DAY4…We have a BDIP triggered at close on 16/02/2016.
IT IS NOW NEGATED AFTER DAY4.DAY1… We got a low of -7.00.
DAY2… We got a low of -14.25.
DAY3… We got a low of -18.00.
DAY4… We got a low of -4.50.DDUD
We have a DDUD triggered at close on 18/02/2016.
TODAY IS DAY5.SYSTEMS TRIGGERED
ESH1 NEXT DAY (KHC+3)
USUALLY GIVES +3, IF IT GAPS DOWN THEN IT CAN GIVE A DDDD AND THEN BOUNCE AND MAKES A +3 LESS LIKELY.ES5 NEXT DAY
SHOULD GIVE LOW OF -3/-5ES 5C NEXT DAY (KHC+3)
SHOULD GIVE A +3ESB
SHOULD GET +3 AND -3 BOTH. CAN BE A TRENDING SYSTEM. > +5 SHOULD TREND UP AND < -5 SHOULD TREND DOWN.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 DAYES8A
SHOULD GET+3 AND A -3. DOES NOT ALWAYS CLOSE AT LOWSSYSTEM 70 (KHC +3)
USUALLY GIVES +3SYSTEM 72 (KHC +3)
SHOULD GET +3,+5 POSSIBLY MORE. DOWNSIDE USUALLY LIMITED TO -5.SYSTEM 81 (KHC+3)
USUALLY GIVES +3,+5SPXB
MORE CHANCE OF POSITIVE THAN NEGATIVE.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 SYSTEMSpoos closed at 1930.50 (basis Mar)
K+3 = 1933.50
K-3 = 1927.50
Conclusion
We have 5 KHC+3 SYSTEMS in play.
We have a BDIP DAY3, KTS5 DAY2 & DDUD DAY5 in play.
Plan your trade, trade your plan!
ES 5C next day Dan! It’s a positive khc+3
Plan your trade, trade your plan!
Did it say next day before??? Anyway plus 3 done. It can engulf the rally tomorrow.
To be honest it needs to…. Much more upside is a concern….
longer term I am not worried but these shorter term whips can kill.
Yes Dan. ND was there before.
China is not happy overnight. US is not bothered about that anymore lol
Plan your trade, trade your plan!
It had another trip to 1940 area ish overnight. High was 1938.50.
China totally tanked compared to where it was ramped up to with the US.
It fell like 200 points from that globex high.
I still do not understand what yesterday was about or why it bounced as it did.
Plan your trade, trade your plan!
Oh well thats no good. Europe opened at 8am and IS futures just went nuys up in a WCB.
Plan your trade, trade your plan!
Problem is that the low today of 1921 is the deal.
I have big support at 1921/2 area and only below that can it fall.
Plan your trade, trade your plan!
So Dan, Oscar was selling rallies yesterday still? What about today?
Plan your trade, trade your plan!
Back to this 1920/2 area
CLosed yesterday 1928.50 short at 1921.50 for 7 points.
That is the best I can do here
Plan your trade, trade your plan!
Wow it got to 1920.25 out of 1920/2 support area and a mega WCB came.
That is definitely going to be a challenge to break, so lets talk about this 1920 to 1940 area today and just pray 1940 does not break up
Plan your trade, trade your plan!
So 1920/2 held and that 1920.25 was the low.
The plan was for 1940 after that and in this range until one side breaks.
We hit 1936.75 after that.
Now lets see open.
Plan your trade, trade your plan!
Wow it got to 1920.25 out of 1920/2 support area and a mega WCB came. That is definitely going to be a challenge to break, so lets talk about this 1920 to 1940 area today and just pray 1940 does not break up
ardas in action…..
Edward is unwell, and I am a bit under the weather. Fell asleep on bed with him and had a dream spoos absolutely cratered… Lol lol
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