THURSDAY 29/06/2017 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR THURSDAY 29TH 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 DAY11.

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

ESH2 NEXT DAY (KHC+3)
USUALLY GIVES +3

ES 5C NEXT DAY (KHC+3)
SHOULD GIVE A +3

SYSTEM ESF
CAN BE A TRENDING DAY. IF NO +3 AND THEN IT TRADES <-4, IT CAN THEN TREND DOWN. LIKEWISE IF NO -3 AND THEN IT TRADES >+4, IT CAN THEN TREND UP.

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 DAY

ES8A
SHOULD GET+3 AND A -3. DOES NOT ALWAYS CLOSE AT LOWS

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

SPX3B
SHOULD GET +3/+5, -3/-5. DOJI TYPE DAY WITH A CLOSE WITHIN THAT RANGE

SPX4A

SYSTEM SPX7
STARTS OF LOOKING LIKE TRENDING BUT DOES NOT CLOSE AT HIGHS OR LOWS

SYSTEM SPX9
SHOULD NOT MAKE MUCH UPSIDE PROGRESS, IF LOW < -3 GOOD CHANCE OF NEGATIVE CLOSE. ANY GAP OPEN SHOULD FILL THE SAME DAY.

Spoos closed at 2438.25 (basis Sep)

K+3 = 2441.25

K-3 = 2435.25

Conclusion

We have 2 KHC+3 SYSTEM in play.

We have a KTS DAY11 in play.

Plan your trade, trade your plan!

[Khalsa]

At last, no follow through today (see yesterdays post).

Sadly this is what tops are all about, frustration galore.

We hit 2402.25 today os ES, the lowest print for over a month of sideways pollux.

This area of 2395/2402 is massive support, break that and it will roll down very fast.

Sadly it has already bounced 15 points off the lows. I just cannot wait until the dipsters get killed

 

Plan your trade, trade your plan!

[Khalsa]

As usual something damn stupid is going on. VIX spike from 9 to 15 which is expected.

TRIN is 0.48 which is a total lie!

Plan your trade, trade your plan!

[Author]

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