Hi all,

Recap ….

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

I have 5 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
We have a KTB triggered at close on 04/08/2015.
TODAY IS DAY1.

KTS
We have a KTS triggered at close on 30/07/2015.
It is now negated after DAY3.

SYSTEM BDIP
We have a BDIP triggered at close on 29/07/2015.
It is now negated after DAY4.

DAY1… We got a low of -13.50.
DAY2… We got a low of -8.75.
DAY3… We got a low of -18.50.
DAY4… We got a low of  -9.25.

We have a BDIP triggered at close on 28/07/2015.
It is now negated after DAY4.

DAY1… We got a low of -2.75.
DAY2… We got a low of -13.50.
DAY3… We got a low of -8.75.
DAY4… We got a low of -18.50.

DDUD
We have a DDUD Season triggered at close on 01/07/2015.
It is now negated after DAY7.

SYSTEMS TRIGGERED

ESH2 NEXT DAY (KHC+3)
USUALLY GIVES +3

ESL1 NEXT DAY
GOOD CHANCE OF A -3

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

ESH3 (KHC+5)
CAN GIVE +3,+5,+7,+10. HOWEVER FAILURE TO PRINT +3 USUALLY RESULTS IN DOUBLE DIGIT DOWN DAY. DOES NOT USUALLY CLOSE AT HIGHS BUT CAN CLOSE POSITIVE

SYSTEM ES8 (KHC+3)
MORE CHANCE OF UPSIDE THAN DOWNSIDE. USUALLY GIVES A +3.

ES13 (KHC+3)
SHOULD GET A +3. CAN ALSO GET A GOOD NEGATIVE PRINT-3, -5, -7

SPXC
Spx <-4 should give big down -7/-10. Likewise <+3 high will trade negative and close negative. Conclusion may be short +2 Spx. Rarely closes at highs

Spoos closed at 2083 (basis Sep)

K+3 = 2086

K-3 = 2080

Conclusion

We have 3 KHC+3 & 1 KHC+5 SYSTEMS in play.

We have a KTB DAY1 in play.

2080 continues to hold.

However CIT level is now 2093/4, so lets see if that can break.

It looks weak but we have KHc +ve’s.

I think the clue to this TREND comes tomorrow. Can/will KTB fail? If it does, we know we are going to 206x.x and onto 204x.x and maybe 198x.x

Ah man, do not want to get excited too soon but we are at a an inflexion point here gearing up for a move either way. 50/50

2093/4 has not been reached, so for now this could be a reaction.

However this could also be the start of the move from the inflexion point now.

We will never know until it breaks 2080 or 2093/4.

However for now KTB has printed a 5.75 whatever the case.

waiting for COMEX to run out of metal….. That’ll screw everything….

if you have a spare $400m you could clear them out of gold today…

All over to GFS now, but looks unlikely.

So this was the end of KTS/BDIP combo and the start of a KTB lol

Just an SU day.

2102 needs to break down before anything can happen now