WEDNESDAY 17/05/17 SYSTEMS AND INTRADAY

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  • May 16, 2017 at 20:25 #25374
    Khalsa
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      SYSTEMS FOR WEDNESDAY 17TH 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.
      It is now negated after DAY14.

      KTS
      We have a KTS triggered at close on 12/05/2017.
      TODAY IS DAY3.

      SYSTEM BDIP
      We have a BORDERLINE BDIP triggered at close on 15/05/2017.
      TODAY IS DAY2.

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

      We have a BDIP triggered at close on 10/05/2017.
      It is now negated after DAY4.

      DAY1… We got a low of -16.25.
      DAY2… We got a low of -6.75.
      DAY3… We got a low of -0.75.
      DAY4… We got a low of -4.75.

      SYSTEMS TRIGGERED

      ESL1 NEXT DAY
      GOOD CHANCE OF A -3

      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 2397.75 (basis Jun)

      K+3 = 2400.75

      K-3 = 2394.75

      Conclusion

      We have 1 KHC+3 SYSTEMS in play.

      We have a BORDERLINE BDIP DAY2 & KTS DAY3 in play.

      Plan your trade, trade your plan!

      May 17, 2017 at 06:18 #25376
      Khalsa
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        BDIP & KTS combo remains. We have printed a -17 today as per that.

        However we have ESG / SPXG combo which is usually bullish but its failure usually signifies a CIT.

         

         

         

        Plan your trade, trade your plan!

        May 17, 2017 at 07:13 #25378
        Khalsa
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          will they buy this back up or not. That is the question.

          We have broken no supports yet, but it has teh potential to CIT basis KTS/BDIP combo but against that there is ESG/SPX bullish combo that needs to fail.

          Plan your trade, trade your plan!

          May 17, 2017 at 07:25 #25381
          Khalsa
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            Oh dear. Europe is off on one

            Plan your trade, trade your plan!

            May 17, 2017 at 19:13 #25383
            Khalsa
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              Khalsa wrote:

              will they buy this back up or not. That is the question. We have broken no supports yet, but it has teh potential to CIT basis KTS/BDIP combo but against that there is ESG/SPX bullish combo that needs to fail.

              Beautiful. Selling into close too for now.

              Now i needs follow through tomorrow also apart from a possible +10 pop and drop.

              Plan your trade, trade your plan!

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