WEDNESDAY 03/05/17 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR WEDNESDAY 3RD MAY 2017

Hi all,

Recap ….

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

I have 1 long in Gold, 1 long in Silver, 1 short on Dow, 9 shorts in spoos & 2 swing positions in spoos open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 17/04/2017.
TODAY IS DAY12.

KTS
NONE IN PLAY.

SYSTEM BDIP
We have a BDIP triggered at close on 17/04/2017.
It is now negated after DAY4.

DAY1… We got a low of -13.75.
DAY2… We got a low of -6.00.
DAY3… We got a low of -1.25.
DAY4… We got a low of -11.00.

SYSTEMS TRIGGERED

ESL1 NEXT DAY
GOOD CHANCE OF A -3

ESC
CAN GET A +3 BUT SHOULD GET A -3. CHANCES OF -5, -7, -10

SYSTEM ES3
SHOULD GET -3. UPSIDE AND DOWNSIDE UNSUSTAINABLE. LOWS TRADED SHOULD BE LOWER THAN HIGH TRADED, SHOULD NOT CLOSE AT HIGHS, IF WE TRADE < -3 CHANCE OF -7, -10.

SYSTEM SPXD
MORE DOWNSIDE THAN UPSIDE, NEGATIVE BIAS DAY

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

Spoos closed at 2386 (basis Jun)

K+3 = 2389

K-3 = 2383

Conclusion

We have NO KHC SYSTEMS in play.

We have a KTB2 DAY12 in play.

Plan your trade, trade your plan!

[Khalsa]

The KTB has dragged on and now on DAY12.

The dipsters remain active and we are still not breaking supports.

We have ESC and SPXD which just misses the ESD/SPXD combo.

Absolutely still no selling strength still as APPLE disappointed but its share buyback programme kept the price of the shares steady.

Until we break intraday supports, get BDIP’s, KTS’s, its just a continuation of the same sadly.

We are near the top of the recent range so hopefully we can have a another attempt at a run down.

 

 

Plan your trade, trade your plan!

[Zarif]

FEDer DRAMAA   LAter in day today at 2pm et

 

GoodLuck to us all

rgds

Zarif

 

Small droplets of rain turn into Rivers, Streams and Mighty Oceans

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