Hi all,

Recap ….

Intraday wise …. I banked 10 points in spoos today.

I have 1 short in Ftse, 16 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 14/04/2014.
TODAY IS DAY1.

KTS
We have a KTS5 triggered at close on 04/04/2014.
It is now negated after DAY6.

SYSTEM BDIP
We have a BDIP triggered at close on 14/04/2014.
TODAY IS DAY1.

DAY1…
DAY2…
DAY3…
DAY4…

DDUD
None in play.

SYSTEMS TRIGGERED

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

SYSTEM 81A ND (KHC+5)
CAN BE A DDUD PRINT ALSO

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 81A (KHC-5)
USUALLY GIVES A BIG NEGATIVE PRINT AND CLOSES NEGATIVE, BUT IT CAN BE VIA A +3/+5

SPXB
MORE CHANCE OF POSITIVE THAN NEGATIVE.

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 1824.50 (basis Jun)

K+3 = 1827.50

K-3 = 1821.50

Conclusion

We have 1 KHC+3, 1 KHC+5 & 1 KHC-5 SYSTEMS in play.

We also have a KTB2 DAY1 & BDIP DAY1 in play.

Therefore every bounce will look like up but actually be an opportunity to sell ”

2nd day in a row selling the opening rip would have been just the ticket

With the KTB finally triggering bulls will probably be BTFD more aggressively (?)

http://blog.stocktradersalmanac.com/post/Good-Friday-Trading-Positive-Before-and-Negative-After-DIA-SPY-QQQ-IWM?utm_source=feedburner&utm_medium=twitter&utm_campaign=Feed%3A+stocktradersalmanac+%28Stock+Trader%27s+Almanac+Blog%29&utm_term=Almanac+Investor+Stock+Trader%27s+Almanac+

“Furthermore we are in a downtrend with 17xx target until further notice. Therefore every bounce will look like up but actually be an opportunity to sell ” 2nd day in a row selling the opening rip would have been just the ticket With the KTB finally triggering bulls will probably be BTFD more aggressively (?)

Again we had such a bounce and it look up, up and away, only to sell off as you say Smashie.

I will have to go offline again whilst I rebuild my server.

INTEL after close, pop and drop, or drop and pop – flip a coin time