Hi all,

Recap ….

Intraday wise …. I banked 46.50 points in Spoos today.

I have 1 short in Dax, 7 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 27/05/2015.
It is now negated after DAY6.

KTS
We have a KTS5 triggered at close on 04/06/2015.
TODAY IS DAY3.

SYSTEM BDIP
None in play.

DDUD
We have a DDUD Season triggered at close on 04/06/2015.
TODAY IS DAY3.

SYSTEMS TRIGGERED

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

ESA7 (KHC+5)

ESH3 (KHC+5)
CAN GIVE +3,+5,+7,+10. HOWEVER FAILURE TO PRINT +3 USUALLY RESULTS IN DOUBLE DIGIT DOWN DAY. DOES NOT USUALLY CLOSE AT HIGHS BUT CAN CLOSE POSITIVE

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.

ES13 (KHC+3)
SHOULD GET A +3. CAN ALSO GET A GOOD NEGATIVE PRINT-3, -5, -7

SYSTEM 70 (KHC +3)
USUALLY GIVES +3

SYSTEM 72 (KHC +3)
SHOULD GET +3,+5 POSSIBLY MORE. DOWNSIDE USUALLY LIMITED TO -5.

SYSTEM SPX5
Not much lower in RTH, High +4/+5, HOWEVER IF SPX GAPS DOWN OPEN IT CAN BE A SERIOUS NEGATIVE SD DAY

Spoos closed at 2079 (basis Jun)

K+3 = 2082

K-3 = 2076

Conclusion

We have 6 KHC+3 & 2 KHC+5 SYSTEMS in play.

We have a KTS5 DAY3 & DDUD SEASON DAY3 in play.

However below 100 dma spx i have to urge caution. 

Longs have to be day trades only for now.

I posted the levels at the end if yesterdays thread. They still stand.

So ideally the plan remains of a pop and drop

2085/6  is possibly as a pop, ie a +7, and therefore best to play safe.

I still have a few shorts left in profit (next closest 2108 from 08/05/15) so no harm in trying to time it better and close now to put back on a pop.

Sadly I thought I put limits in to close but it seems there are none. We spiked below 11000 earlier.

I have just closed my short at 11023.6 vs my opening price of 11838.8 for 815 points.

This was all part of the Bonds /Oil and DAX trades I did.

The former 2 got closed for great swing trades (already posted) and now DAX too.

I still have Soybeans and Silver running on the swings.

Every cloud has a silver lining. Ie. I changed Kpad from the 3/5 pointer trades towards more swing trades whilst we were in the QE endless up.

I am so pleased with the change. Sure we may go back to scalps, but this is not the market for that.

The problem is that we have had 3 down days in a row and have only just spiked the 100 DMA on SPX. SO I really am unsure on much downside today.

Ofcourse in crash mode today can be a -20.

I should play safe and close yet another short really, but I just have this feeling that this time it can be different DE JA VU  😥

100 DMA on SPX is at 2085.15, so thats the resistance.

ES wise 2082 is the first resistance from here and then lots of main resistance 2085/8

I think from the action so far, this can fall away later, but its only a 75% chance.

If so support is near 2072 ES. Below that opens up 204x.x print

You can never get the low, but who cares. As long as you plan your trade and then trade your plan and it makes you good money, its great.

So from yesterday the next target was 2070 SPX. We got to 2072.14 SPX earlier. 100 DMA on SPX is at 2085.15, so thats the resistance. ES wise 2082 is the first resistance from here and then lots of main resistance 2085/8 I think from the action so far, this can fall away later, but its only a 75% chance. If so support is near 2072 ES. Below that opens up 204x.x print

We just got to 2084.50 vs 2085/8 area.