TUESDAY 14/02/2017 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR TUESDAY 14TH FEBRUARY 2017

Hi all,

Recap ….

Intraday wise …. I banked 0 points in spoos today.

I have 1 long in Gold, 1 long in Silver, 1 short on Dow, 9 shorts in spoos & 2 swing positions in spoos open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 03/01/2017.
It is now negated after DAY12.

KTS
We have a NEW KTS triggered at close on 26/01/2017.
It is now negated after DAY12.
We are on watch for a new KTS to trigger.

SYSTEM BDIP
We have a BDIP triggered at close on 13/02/2017.
TODAY IS DAY1.

DAY1…
DAY2…
DAY3…
DAY4…

DDUD
We have a DDUD triggered at close on 01/11/2016.
It is now negated after DAY12.

SYSTEMS TRIGGERED

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

ESH
USUALLY GET +3 AND -3. MORE CHANCE OF -3. NORMALLY IS A DOJI TYPE DAY WITHIN +5 AND -5. TRADING < -5 GIVES CHANCE TO SD DAY

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.

ES4B

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

ES9
SHOULD GET +3 AND -3 AND CHANCE OF POSITIVE CLOSE

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

SPX10D

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 2326.50 (basis Mar)

K+3 = 2329.50

K-3 = 2323.50

Conclusion

We have 1 KHC-3, 1 KHC-4 & 1 KHC-5 SYSTEM in play. Any gap up open should be filled on the same day.

We have a BDIP DAY1 in play.

Plan your trade, trade your plan!

[Khalsa]

Wow well most of it has happened.

Monday was pure WNER

We have bearish systems today

KTS has negated with a trigger for a new one

BDIP has triggered

So now can it fall? Not sure the journey will be straight down, but we can now start to talk about a top. We Maneet a triple BDIP or something with a KTS or because I never got my 4‰ correction, we could fall fast and quick.

Either way we are now at another potential topping point.

Plan your trade, trade your plan!

[Author]

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