TUESDAY 21/11/2017 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR TUESDAY 21ST 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 14/11/2017.
TODAY IS DAY5.

SYSTEM BDIP
NONE IN PLAY.

SYSTEMS TRIGGERED

ES5 NEXT DAY
SHOULD GIVE LOW OF -3/-5

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

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

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

Spoos closed at 2581.75 (basis Dec)

K+3 = 2584.75

K-3 = 2578.75

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]

Nothing new to report sadly.

It looks like we are in a correction with recent action just being a retrace up.

Hence we should start to fall again from around here if right.

Plan your trade, trade your plan!

[Author]

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