TUESDAY 22/11/2016 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR TUESDAY 22ND NOVEMBER 2016

Hi all,

Recap ….

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

I have 1 short on Dow, 7 shorts in spoos & 2 swing positions in spoos open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 15/09/2016.
It is now negated after DAY18.

KTS
We have a NEW KTS triggered at close on 16/11/2016.
TODAY IS DAY4.

SYSTEM BDIP
We have a BDIP triggered at close on 14/11/2016.
It is now negated after DAY4.

DAY1… We got a low of -2.50.
DAY2… We got a low of -10.50.
DAY3… We got a low of -1.00.
DAY4… We got a low of -7.75.

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

SYSTEMS TRIGGERED

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

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

ES92
USUALLY TREND ONE WAY OR ANOTHER AND CLOSE NEAR HIGHS OR LOWS

SYSTEM 133

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

SPX3B
SHOULD GET +3/+5, -3/-5. DOJI TYPE DAY WITH A CLOSE WITHIN THAT RANGE

SPX4A

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

SYSTEM SPX9
SHOULD NOT MAKE MUCH UPSIDE PROGRESS, IF LOW < -3 GOOD CHANCE OF NEGATIVE CLOSE. ANY GAP OPEN SHOULD FILL THE SAME DAY.

Spoos closed at 2193 (basis Dec)

K+3 = 2196

K-3 = 2190

Conclusion

We have NO KHC SYSTEM in play.

We also have a KTS DAY4 in play.

Plan your trade, trade your plan!

[MAURITIUS]

The FTSE isn’t confirming the highs in spoos. Is it leading or following?

[Khalsa]

Normally Ftse is a leader, but currently everything is all over the place.

Looks like DOW has hit 19000 and SPXG 2200 overnight. What’s more is that once again a spike low, the Trump low,  has given a 170 point rally.

Now with WNER out of the way and the US hitting these roundies it has a chance to retrace.

Sadly with the seasonal Xmas period coming, there is a real danger of a breakout.

Lets see what today brings.

Plan your trade, trade your plan!

[Khalsa]

I am so happy with all that I closed on Brexit and my subsequent possible target of 2200 and hence scaling back in slowly short.

Now its crunch time.

Plan your trade, trade your plan!

[Khalsa]

So much for crunch time. Mad mode just continues

Plan your trade, trade your plan!

[Khalsa]

Short 2201.75.

I will keep scaling in

THIS style needs the utmost patience. To wait all day for thus us very hard.

I took it basis 9pm and 2200 target

Plan your trade, trade your plan!

[Khalsa]

It’s really so nuts though. Who would have thought that we have a 6 hour bear market on Trump and then another 170 point rally to new all time highs

Plan your trade, trade your plan!

[MAURITIUS]

Ftse could arguabley be a head and shoulders top on daily, there again US indices at new highs….

[Author]

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