Trades for Monday, Oct. 16, 2017: + $403 Profits

16 Oct Trades for Monday, Oct. 16, 2017: + $403 Profits

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9:50 – SHORT 2300 LB 41.84avg, COVERED 1800 at 41.70, out + .16, COVERED 300 at 41.63, out + .21, COVERED 100 at 41.62, out + .22, COVERED 100 at 41.54, out + .30           =          + $403

Total   P/L:       + $403 Profits



SPY peaked off the stinky 5s area 255.51 just shy of the .618 this morning. We scaled into LB SHORT on the 60-min and daily dual mini inverse pups despite the 5-min mini pup to short into the 41.95 overshoots, which was the daily 5-period ma. As the SPY sold off and JWN resumed its breakdown, LB sold back down to scale out down to the 41.50s. Closed out the morning with + $403 Profits