TUESDAY 23/12/2014 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR TUESDAY 23RD DECEMBER 2014

Hi all,

Recap ….

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

I have 2 longs in oil, 7 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
We have a KTB triggered at close on 16/12/2014.
It is now negated after DAY4.

KTS
We have a KTS triggered at close on 24/11/2014.
It is now negated after DAY15.

SYSTEM BDIP

We have a BDIP triggered at close on 18/12/2014.
TODAY IS DAY3.

DAY1… We got a low of -3.75.
DAY2… We got a low of -3.00.
DAY3…
DAY4…

We have a BDIP triggered at close on 17/12/2014.
TODAY IS DAY4.

DAY1… We got a low of -3.50.
DAY2… We got a low of -3.75.
DAY3… We got a low of -3.00.
DAY4…

DDUD
We have a DDUD Season triggered at close on 09/12/2014.
It is now negated after DAY9.

SYSTEMS TRIGGERED

ESL3 (KHC-5)
SHOULD GET A GOOD NEGATIVE PRINT . DOES NOT ALWAYS CLOSE AT LOWS.

SYSTEM ESD
GOOD CHANCE OF -3, -5, PAST -5 GOOD CHANCE OF -7/-10 ETC

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

SPX 10B (KHC-3)
CHANCE OF BOTH +3 AND -3 BUT VERY GOOD CHANCE OF -3. DOES NOT CLOSE AT HIGHS

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 2072.50 (basis Mar)

K+3 = 2075.50

K-3 = 2069.50

Conclusion

We have 2 KHC-3 & 1 KHC-5 SYSTEMS in play.

We have a BDIP DAY3 & BDIP DAY4 in play.

The KTB & DDUD Season are now negated.

Plan your trade, trade your plan!

[Khalsa]

Well there you have it.

KTB … NEGATED

DDUD …. NEGATED

All are KHC -ve’s.

Yet we say a +3 and then a -1 and now back to +1.50.

What does that say? It says XMAS POLLUX and EOY POLLUX is in play.

Sure it can reverse, sure it can print a -7/-10 out of the blue, but we have all seen this Grindy, grindy before and no matter where one shorts, an exit is hard.

So for now I remain in that watch and wait mode still

Plan your trade, trade your plan!

[Qman]

Well I’m looking forward to a new year bonanza.

Oil down 3% yesterday, Russia is on the brink of having to do something drastic, along with a few other oil dependants.

US remains a safe haven?

Fingers crossed I make it home from Helsinki late tomorrow – have a great Christmas all, here’s to a prosperous new year!

Good luck

[Qman]

2300 by mid Jan? Lol

[smashie212]

Round 2 and still they cannot elect a president, wonder what will happen on the 29th?

http://greece.greekreporter.com/2014/12/23/greeces-presidential-election-second-round-results-do-not-elect-stavros-dimas-as-greek-president/

No effect on this grindy market…

[MAURITIUS]

For the period May – November, the initial new home sales prints amount to 2.779MM houses. Post revision, the number plunges by 22% to 2.168K.

http://www.zerohedge.com/news/2014-12-23/housing-recovery-remains-cancelled-due-6-months-downward-revisions

[Author]

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