Hi all,

Recap ….

Intraday wise …. I banked +15 points in spoos today.

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

Onto today …

KP
None in play.

KTB

We have a KTB triggered at close on 05/02/2014.
TODAY IS DAY1.

KTS
We have a KTS5 triggered at close on 02/01/2014.
It is now negated after DAY8.

SYSTEM BDIP
We have a BDIP triggered at close on 28/01/2014.
It is now negated after DAY4.

DAY1… We got a low of -24.00.
DAY2… We got a low of -3.50.
DAY3… We got a low of -19.75.
DAY4… We got a low of -44.75.

DDUD

None in play.

SYSTEMS TRIGGERED

ESL1 NEXT DAY
GOOD CHANCE OF A -3

ESL2
USUALLY GIVES -4/-7

ES101 (KHC+3)
SHOULD GET A +3 /+5

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

SPX4A

Spoos closed at 1744 (basis Mar)

K+3 = 1747

K-3 = 1741

Conclusion

We have 1 KHC+3 SYSTEMS in play.

We also have a KTB DAY1 in play.

Also because I had guests I missed the Early Warning and hence missed the KTB at close.

I see it is +3 already and it will be back down to 1751 now as resistance which will be a +7.

For now we remain in TREND DOWN but with room to bounce and also there is a potential target of 1762.25 ($VOLD +30 target)

More in the morning as for now we are in NML but with a KTB.

Its been so whippy and volatile lately and turned on a dime intraday, but thats what I see.

With the KTB, I do believe it can happen.

My guess for now though is it will all be a contra rally (if it happens) and then go further down.

Any rally may peak into NFP’s

Lets see

A high of +5.50 overnight to 1749.50 is no surprise.

With NFP’s tomorrow, lets see

If Navnit is here I will ask her to post GFS and levels once RTH starts.

ktb doing it’s job.

with the $vold target too it’s tempting to long but I will wait for a short signal and do nothing for now.

Dan.

Navnit

1761 done….