WEDNESDAY 28/06/17 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR WEDNESDAY 28TH JUNE 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 KTS triggered at close on 14/06/2017.
TODAY IS DAY10.

SYSTEM BDIP
We have a BDIP triggered at close on 05/06/2017.
It is now negated after DAY4.

DAY1… We got a low of -8.25.
DAY2… We got a low of -6.75.
DAY3… We got a low of -4.75.
DAY4… We got a low of -20.00

SYSTEMS TRIGGERED

ESH1 NEXT DAY (KHC+3)
USUALLY GIVES +3, IF IT GAPS DOWN THEN IT CAN GIVE A DDDD AND THEN BOUNCE AND MAKES A +3 LESS LIKELY.

SYSTEM ESA (KHC+3)
SHOULD GET +3/+5/+7, HOWEVER IT CAN BE AFTER A DRAWDOWN, CLUE IS TRADING > +2.

ESH2 (KHC+3)
CAN GIVE +3,+5,+7,+10. HOWEVER FAILURE TO PRINT +3 USUALLY RESULTS IN DOUBLE DIGIT DOWN DAY. DOES NOT USUALLY CLOSE AT HIGHS.

ES 5C (KHC+3)
USUALLY GIVE A +3 AND CLOSES POSITIVE. RARELY CLOSES AT LOWS

SYSTEM SPXH1
CAN GIVE +3,+5,+7 WITH A POSITIVE CLOSE. THE CLUE IS NOT TRADING MUCH NEGATIVE RTH

SYSTEM SPX5A(KHC+3)
CAN GIVE +3/+5/+7

SYSTEM SPX5C (KHC+3)
NORMALLY GETS +3 AND CAN GET +5, CAN BE A TRENDING SYSTEM.

Spoos closed at 2420.50 (basis Sep)

K+3 = 2423.50

K-3 = 2417.50

Conclusion

We have 6 KHC+3 SYSTEM in play.

We have a KTS DAY10 in play.

Plan your trade, trade your plan!

[Khalsa]

Khalsa wrote:

Khalsa wrote:

Khalsa wrote:

Crooks quad oe week. The sellers cannot gain traction against the dipsters that just continue to buy the dip. FED is this week who should raise interest rates 0.25 bps and then Friday quad witching. I am still expecting this to just turn down any time now.

This was my last post. Problem is everytime Bears great excited we have a DDUD close. We have to see where we end up after crooks quad oe and Monday WNER now. Really, really sad pattern that Fridays and Mondays are always bullish biased and come round so quickly. Until we break the 2415 circa area down on SPX, one has to assume its still bullish and this is just another 20-30 point correction

We got close to 2415 and bounced. Now again it will try to break it. Since I posted some time back about topping that’s all we have done, but becuase of active dipsters it keeps bouncing. Hard to say when or how it will go down, but we are in that zone and have been for some time.

As per the total pain in the neck in this trend, we got close to my 2415 SPX and have today flown up out of the blue.

Absolutely crazy, it just bounces completely all of a sudden, no logic.

We shall have to see if it follows through tomorrow now.

 

Plan your trade, trade your plan!

[Author]

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