WEDNESDAY 16/08/17 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR WEDNESDAY 16TH AUGUST 2017

Hi all,

Recap ….

Intraday wise…. I banked 0 points in spoos today. I have 1 short FTSE, 1 long in Gold, 1 long in Silver, 1 short on Dow, 10 shorts in spoos & 2 swing positions in spoos open.

Onto today …

KP
None in play.

KTB
We have a KTB triggered at close on 05/06/2017.
It is now negated after DAY7.

KTS
We have a NEW KTS triggered at close on 11/08/2017.
TODAY IS DAY3.

SYSTEM BDIP
We have a BDIP triggered at close on 25/07/2017.
It is now negated after DAY4.

DAY1… We got a low of -2.75.
DAY2… We got a low of -16.25.
DAY3… We got a low of -10.50.
DAY4… We got a low of -5.00.

SYSTEMS TRIGGERED

ESL2 NEXT DAY (KHC-4)
GIVES -4/ -7

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

SYSTEM SPXG
More chance of upside than downside. Usually get +3,Trading > +3 SPX = chances of +5, +7,+10. Could also gap up open.

Spoos closed at 2463.75 (basis Sep)

K+3 = 2466.75

K-3 = 2460.75

Conclusion

We have 1 KHC+3 & 1 KHC-4 SYSTEM in play.

We have a KTS DAY3 in play.

Plan your trade, trade your plan!

[Khalsa]

I like the KHC-4 system but ESG/SPXG seems to suggest that yesterday was a rest day and today we continue up. If so we are going back to highs.

Nothing else really supports that but we all know the market this year has made no sense and it seems to just go up for little technical reasons and as if someone is just clicking the BUY button on every dip.

The only day the market seems to go down is Thursday so maybe we have to wait for tomorrow for downside.

I cant wait for a genuine market to start again

Plan your trade, trade your plan!

[Khalsa]

There is absolutely no volume. it actually goes up on thin air

Plan your trade, trade your plan!

[Author]

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