TUESDAY 14/11/2017 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR TUESDAY 14TH NOVEMBER 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 NEW KTS triggered at close on 08/11/2017.
TODAY IS DAY5.

SYSTEM BDIP
NONE IN PLAY.

SYSTEMS TRIGGERED

ESB
SHOULD GET +3 AND -3 BOTH. CAN BE A TRENDING SYSTEM. > +5 SHOULD TREND UP AND < -5 SHOULD TREND DOWN.

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

SYSTEM SPXF
MORE CHANCE OF A +3 THAN A -3. IF SPX GAPS DOWN THEN IT USUALLY NEGATES THE POSITIVE CALL AND CAN BE A NEGATIVE SYSTEM

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

Spoos closed at 2582 (basis Dec)

K+3 = 2585

K-3 = 2579

Conclusion

We have NO KHC SYSTEMS in play for today.

We also had a KTS DAY5 in play.

Plan your trade, trade your plan!

[Khalsa]

All looking good for further downside.

I think below 2567 should go to 2543.

Gold Silver doing well.

Its all still in this limbo dipsters mode but certainly looks as if it is finally ready for some downside.

As I say, 2567 is the key.

Plan your trade, trade your plan!

[Author]

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