Hi all,

Recap ….

Intraday wise …. I banked 3 points in spoos today.

I have 1 short in Ftse, 17 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
We have a KTB2 triggered at close on 14/04/2014.
It is now negated after DAY4.

KTS
We have a KTS5 triggered at close on 04/04/2014.
It is now negated after DAY6.

SYSTEM BDIP
We have a BDIP triggered at close on 14/04/2014.
It is now negated after DAY4.

DAY1… We got a low of -15.25.
DAY2… We got a low of +1.00.
DAY3… We got a low of -6.25.
DAY4… We got a low of -1.50.

DDUD
None in play.

SYSTEMS TRIGGERED

ESH
USUALLY GET +3 AND -3. MORE CHANCE OF -3. NORMALLY IS A DOJI TYPE DAY WITHIN +5 AND -5. TRADING < -5 GIVES CHANCE TO SD DAY

SYSTEM ESL1
MORE CHANCE OF DOWNSIDE THAN UPSIDE, USUALLY TRADE POSITIVE AT SOME POINT, NORMALLY GET -3, IF NO -3 THEN RARELY CLOSE AT HIGHS, UPSIDE UNSUSTAINABLE & CLOSE WITH LITTLE CHANGE ON THE DAY. CHANCES OF -7, -10 & -17 ALSO. THE CLOSE CAN BE VERY ERRATIC. ALSO AFTER THIS SYSTEM THERE IS ANOTHER CHANCE OF A -3 THE NEXT DAY

ES17
UPSIDE UNSUSTAINABLE AND ONLY CLOSED > +5 TWICE

ES91

ES96B

SPX4A

SPX 10

SPX96B

Spoos closed at 1874 (basis Jun)

K+3 = 1877

K-3 = 1871

Conclusion

We have NO KHC SYSTEMS in play.

Yesterdays KHC’s printed a -3.

We should have seen a -5/-7 yesterday.

New MS target is 1871.75 and as its the second it will print PDQ.

I will look to short any rally tomorrow for that target.

This is overextended and I expect a -10 any day.

Same story, another day.

China PMI was down, France PMI has just come out as down also.

That means manufacturing is contracting despite all the QE.

Yet markets have ignored.

I do not believe they can.

Short 1874.50

No KHC’s? hhhmmmm?

Yesterdays KHC’s printed a -3.

We should have seen a -5/-7 yesterday.

New MS target is 1871.75 and as its the second it will print PDQ.

I will look to short any rally tomorrow for that target.

This is overextended and I expect a -10 any day.

We got to a -6.50.

MS printed its 5 point target at 1871.75 and its 7 point target, today (DAY2)

The new 5 point limits hit on my 1874.50 short from this morning at 1869.50.

For now I keep 5 point limits in.

Well nothing much going on at all.

Apple and Facebook after close.

I am very, very tempted to short pre Apple and Facebook as both companies have had their day for now imo.

Possibly a inv cup and handle here.

If so we can go down.

lol, its going from bad to worse

Crooks want to own all the water too!!

The guy who took water from his own land in America was jailed for 30 days. Insane.