- This topic has 17 replies, 4 voices, and was last updated 7 years, 9 months ago by
.
-
Posts
-
SYSTEMS FOR WEDNESDAY 24TH JUNE 2015
Hi all,
Recap ….
Intraday wise …. I banked 0 points in Spoos today.
I have 1 short in Ibex, 7 shorts in spoos and 2 swing positions open.
Onto today …
KP
None in play.KTB
We have a KTB2 triggered at close on 17/06/2015.
It is now negated after DAY4.KTS
We have a KTS5 triggered at close on 19/06/2015.
TODAY IS DAY3.SYSTEM BDIP
None in play.DDUD
We have a DDUD Season triggered at close on 04/06/2015.
It is now negated after DAY4.SYSTEMS TRIGGERED
SYSTEM ESD
GOOD CHANCE OF -3, -5, PAST -5 GOOD CHANCE OF -7/-10 ETCES10
DOJI DAY WITHIN A 8 POINT RANGE AND TOWARDS -VE BIAS. ANY GAP UP OPEN SHOULD FILL THE SAME DAY.SYSTEM 130
ANY GAP UP OPEN SHOULD BE FILLEDSYSTEM SPXD
MORE DOWNSIDE THAN UPSIDE, NEGATIVE BIAS DAYSpoos closed at 2116.75 (basis Sep)
K+3 = 2119.75
K-3 = 2113.75
Conclusion
We have NO KHC SYSTEMS in play. Ay gap up open should fill the dame day as per ES10 & SYSTEM130.
We have a KTS5 DAY3 in play.
Plan your trade, trade your plan!
We remain in this same market phenomenon.
The crooks all meet again tomorrow so we may have a announcement.
ESD/SPXD is usually the opposite of ESG/SPXG and it can be bearish.
SYSTEM 130 suggests a gap up fill.
So maybe tomorrow we get a pop and drop.
That is my best bias from these SYSTEMS.
I refrained from shorting on Tuesday but will look to do so today.
Plan your trade, trade your plan!
Same game, different day.
Ie this looks nothing other than a cabbage, so WCB zoom can come at anytime without warning.
Plan your trade, trade your plan!
Nice and bearish systems. No doubt they will release some more Geeece Pollux to bounce it back should it start to fall.
guessing the drop was due to the new proposal being rejected :
Nice and bearish systems. No doubt they will release some more Geeece Pollux to bounce it back should it start to fall.
DOW down 100, ES 8-9…….standby for a Greek “progress being made” leak
lol Q, hope not!
So far so very good.
Ideally the target should be 2098 now.
Lovely to see ESD/SPXD do/doing its job
Plan your trade, trade your plan!
guessing the drop was due to the new proposal being rejected : http://www.marketwatch.com/story/greek-pm-tells-government-creditors-rejected-reform-proposal-reports-2015-06-24?dist=beforebell
Merkel be sh&tting it lol
A handy timeline on what’s coming up next in the Greek drama or should that be tragedy ?
http://www.bloomberg.com/news/articles/2015-06-15/greece-crisis-timeline-what-comes-next-for-athens
If the market is this shakey over Greece, just imagine when it is America…. Lol lol
If the market is this shakey over Greece, just imagine when it is America…. Lol lol
But the Yanks won’t EVER have to make good their debts……print print print and keep raising that debt ceiling.
I love a bit of irony…..
I fancy a little long on Silver here. Any thoughts from our precious metals guru?
I fancy a little long on Silver here. Any thoughts from our precious metals guru?
in a tempting place given the recent range…. I longed Couer again today. That would need to rally x12 or so to match 2011 high. Very possible imo… See below.
I am long silver for much much higher prices and will accept a final lunge lower if that is what comes before the up. Impossible to know if we have bottomed. On basis of 1970’s gold move, gold rallied massively, halved and then rallied X8. If we are copying that pattern gold would need to be sub 1000, before a run to 8,000 or more. Silver could I suppose fall to $10 (generally moves in larger % to gold both up and down) but I’d be surprised if it went any lower than that even on a spike down.
I expect silver at $150 $200 perhaps more at some juncture, so buying at 19, 16 or 10 doesn’t make a massive difference.
Silver (precious metal) miners will do exceptionally well clearly, should the move I expect materialise. I saw two companies today on IG that would have to rally x70 and x200 to match their 2011 highs!! Of course these firms are struggling to have lost so much value but if silver and gold were to rally hard they surely would recover? I think there are fortunes to be made in these stocks. Completely beaten up sector. Incidentally IG would not allow longs due to lack of liquidity so would have to buy the shares outright I guess. One was called Northern Dynasty Minerals and the other North American Palladium.
Sprott Asset Management worth looking at too… look at what they pick. The funds show their top ten holdings…
lol Q, hope not! So far so very good. Ideally the target should be 2098 now. Lovely to see ESD/SPXD do/doing its job
Wicked, just got back after seeing Jurassic World.
Looks like the dinosaurs munched the crooks too 🙂
2099 low so far vs 2098. Awesome
Running shorts for now (atleast until I study)
Plan your trade, trade your plan!
- You must be logged in to reply to this topic.