TUESDAY 12/12/2017 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR TUESDAY 12TH DECEMBER 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 KTS5 triggered at close on 05/12/2017.
TODAY IS DAY5.

SYSTEM BDIP
We have a BDIP triggered at close on 11/12/2017.
TODAY IS DAY1.

DAY1…
DAY2…
DAY3…
DAY4…

We have a BDIP triggered at close on 08/12/2017.
TODAY IS DAY2.

DAY1… We got a low of -2.50.
DAY2…
DAY3…
DAY4…

We have a BORDERLINE BDIP triggered at close on 04/12/2017.
It is now negated after DAY4.

DAY1… We got a low of -10.75.
DAY2… We got a low of -8.25.
DAY3… We got a low of -3.00.
DAY4… We got a low of +.0.75.

 

 

SYSTEMS TRIGGERED

ESHB

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

ESL3 (KHC-5)
SHOULD GET A GOOD NEGATIVE PRINT . DOES NOT ALWAYS CLOSE AT LOWS.

SYSTEM ES3
SHOULD GET -3. UPSIDE AND DOWNSIDE UNSUSTAINABLE. LOWS TRADED SHOULD BE LOWER THAN HIGH TRADED, SHOULD NOT CLOSE AT HIGHS, IF WE TRADE < -3 CHANCE OF -7, -10.

SYSTEM ES7
POSSIBLE DOJI DAY, CAN BE WHIPPY AND UNTRADEABLE, ANY GAP UP OPEN SHOULD FILL THE SAME DAY. ITS NOT A SU MARKET AND RARELY MAKES MUCH PROGRESS.

ES8C

ES96
UPSIDE USUALLY CONTAINED TO A +3, ANYMORE IS UNSUSTAINABLE, USUALLY GIVES -3 AS A MINIMUM

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

SYSTEM SPX3
SHOULD GET -3/-5. IF SPX TRADES < +3 HIGH THEN CHANCE OF TRENDING DOWN

SPX4A

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

SPX96 (KHC-3)
MORE DOWNSIDE THAN UPSIDE, NORMALLY GIVES A MINIMUM OF -3 BUT OFTEN GIVES -5,-7, GOOD CHANCE OF -VE CLOSE, CHANCE OF A GAP DOWN OPEN, THEN TRENDING DOWN DAY, UPSIDE NOT VERY SUSTAINABLE ,NEVER CLOSED > 6.38 AND THAT WAS AN EXCEPTION.

Spoos closed at 2664.50 (basis Dec)

K+3 = 2667.50

K-3 = 2661.50

Conclusion

We have 1 KHC-3, 1KHC-4 & 1 KHC-5 SYSTEM in play for today.

We have a KTS5 DAY5, BDIP DAY1 & BDIP DAY2 in play.

Plan your trade, trade your plan!

[Author]

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