Reply To: FRIDAY 13/09/2013 SYSTEMS & INTRADAY

#263
Khalsa
Moderator
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    Conclusion

    Interesting that we have a KTS and BDIP in play.

    That is usually a bearish combination that works well.

    However it is the first KTS so because of quad oe, it may negate.

    Whatever the case if it negates then we are on watch for a second and that should call a top.

    For now until supports posted above break or intraday supports break down, its perky and onwards and upwards.

    But the KTS/BDIP combo does put us on alert for a possible move down, but if it is to be a secondary high, it is always open to a last gasp.

    I feel that we should see yesterdays lows tomorrow ideally at 1681.25 but lets see where we are in the morning.

    Lets see.

    Plan your trade, trade your plan!