WEDNESDAY 28/12/16 SYSTEMS AND INTRADAY

[Khalsa]

SYSTEMS FOR WEDNESDAY 28TH DECEMBER 2016

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 15/09/2016.
It is now negated after DAY18.

KTS
We have a NEW KTS triggered at close on 16/12/2016.
TODAY IS DAY7.

SYSTEM BDIP
We have a Borderline BDIP triggered at close on 13/12/2016.
It is now negated after DAY4.

DAY1… We got a low of -24.75.
DAY2… We got a low of -4.75.
DAY3… We got a low of -9.00.
DAY4… We got a low of -1.25.

We have a Borderline BDIP triggered at close on 09/12/2016.
It is now negated after DAY4.

DAY1… We got a low of -8.75.
DAY2… We got a low of -2.75.
DAY3… We got a low of -24.75.
DAY4… We got a low of -4.75.

DDUD
We have a DDUD triggered at close on 01/11/2016.
It is now negated after DAY12.

SYSTEMS TRIGGERED

SPX 10

Spoos closed at 2261 (basis Mar)

K+3 = 2264

K-3 = 2258

Conclusion

We have NO KHC SYSTEMS in play.

We have a KTS DAY7 in play.

Plan your trade, trade your plan!

[Khalsa]

Just one SYSTEM triggered (ie literally No SYSTEMS) and we finally get a -17 day.

Still it is not that great as we are back to 2040/3 support which can be a ping point.

I personally feel the retrace has started but I also have 20 points in my highest short so may just have to take that off the table in this support zone.

However below this 2240/3 area it can get back to 2220 ish.

Very tough call as we have New Year pollux still to go

 

Plan your trade, trade your plan!

[Author]

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