WEDNESDAY 26/04/17 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR WEDNESDAY 26TH APRIL 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.
TODAY IS DAY7.

KTS
NONE IN PLAY.

SYSTEM BDIP
We have a BDIP triggered at close on 17/04/2017.
It is now negated after DAY4.

DAY1… We got a low of -13.75.
DAY2… We got a low of -6.00.
DAY3… We got a low of -1.25.
DAY4… We got a low of -11.00.

SYSTEMS TRIGGERED

ESHA

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

ES10
DOJI DAY WITHIN A 8 POINT RANGE AND TOWARDS -VE BIAS. ANY GAP UP OPEN SHOULD FILL THE SAME DAY.

SYSTEM 131 (KHC-3)
SHOULD GET A -3/-4

SPX 10C
MORE DOWNSIDE THAN UPSIDE, SHOULD GET -3 POSSIBLY -5. IF TRADE PAST +4 CAN CLOSE POSITIVE

Spoos closed at 2385 (basis Jun)

K+3 = 2388

K-3 = 2382

Conclusion

We have 1 KHC-3 SYSTEMS in play.

We have a KTB2 DAY7 in play.

Plan your trade, trade your plan!

[Khalsa]

Definitely nicer downside Systems in play but we cannot place much hope on that.

The KTB once again was the clue and hopefully that negates soon.

Is this a secondary high or a new leg up again?

Sadly as the supports did not break down and were regained, we have to still be cautious of the downside.

I had a shorts in profit as posted, but did not close as I did not expect the madness on the French election after the weekend and then gap up open.

Plan your trade, trade your plan!

[Author]

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