TUESDAY 24/06/2014 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR TUESDAY 24TH JUNE 2014

Hi all,

Recap ….

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

I have 1 short in Ftse, 20 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 21/05/2014.
It is now negated after DAY6.

KTS
We have a KTS triggered at close on 16/06/2014.
It is now negated after DAY1.

SYSTEM BDIP

We have a BDIP triggered at close on 18/06/2014.
TODAY IS DAY4.

DAY1… We got a low of -5.25.
DAY2… We got a low of -2.00.
DAY3… We got a low of -3.25.
DAY4…

We have a BDIP triggered at close on 13/06/2014.
TODAY IS DAY4.

DAY1… We got a low of -9.25.
DAY2… We got a low of -5.25.
DAY3… We got a low of -4.75.
DAY4… We got a low of -5.25.

We have a BDIP triggered at close on 10/06/2014.
It is now negated after DAY4.

DAY1… We got a low of -12.25.
DAY2… We got a low of -19.00.
DAY3… We got a low of -4.00.
DAY4… We got a low of -9.25.

DDUD
None in play.

SYSTEMS TRIGGERED

SYSTEM ESG (KHC+3)
SHOULD GET +3 MINIMUM, CAN GO TO +5,+7,+10.

ES92

SYSTEM 130
ANY GAP UP OPEN SHOULD BE FILLED

SYSTEM SPX6
SHOULD BE MORE DOWNSIDE THAN UPSIDE, COULD BE A TRENDING DAY

SPX20A

Spoos closed at 1952.75 (basis Sep)

K+3 = 1955.75

K-3 = 1949.75

Conclusion

We have 1 KHC+3 SYSTEMS in play. Any gap up open should fill the same day as per SYSTEM 130.

We also have a BDIP DAY4 in play.

Plan your trade, trade your plan!

[smashie212]

There we go yesterdays globex highs hit. Now Q  is to short or not to short ?

[Khalsa]

Indeed a lovely on day after WNER.

So far textbook. That high needs to hold and it can in the 1960/3 area as resistance.

1956 is SU level, 1955 is intraday CIT.

So thats what it needs to break for now.

If it can with force, then we can start to move down nicely.

 

Plan your trade, trade your plan!

[Khalsa]

All was super.

Then come the WCB’s

However, below 1955/6 there is hope

I have guests coming over so will not be able to watch it this evening.

The gist is to stay below 1955/6 and so break 1950 down for a move to 1944 and below

Plan your trade, trade your plan!

[MAURITIUS]

What’s going on? It’s going down?….

[smashie212]

if we don’t get a mad bounce think ur plan’s coming to fruition kman

[Khalsa]

smashie212 wrote:

if we don’t get a mad bounce think ur plan’s coming to fruition kman

I hope so Smashie, its about time Bears had some fun.

 

Plan your trade, trade your plan!

[Author]

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