Trades for Thursday, April 28th, 2016: + $1,348 Profits

28 Apr Trades for Thursday, April 28th, 2016: + $1,348 Profits

*Take a free 4-day trial to our live alerts real-time chatroom to get live trade alerts and audio analysis to get you in and out safely here

*Spring/Summer one-on-one LIVE mentorships trader training with Jea Yu for 2-5 day mentorships are available.  Beginners to seasoned traders are welcome as the training is customized to the individual. Contact  us for dates and details or email JeaYu21@gmail.com directly.  Spots are limited!

======================

9:39 – SHORT 400 CRUS 37.90, COVERED 300 at 37.33, out + .58, COVERED 100 at 37.52, out + .38        =            + $212

10:07 – BUY 500 UVXY 14.11, SOLD 14.18, out+ .17  =          + $85

10:35 – BUY 3000 SGI 4.65avg, STOPPED 1500 at 4.62, out - .03, SOLD 1000 at 4.66, out + .01, SOLD 500 at 4.65 even        =          - $35

11:01 – SHORT 7700 PPC 26.65avg, COVERED 7300 at 26.51, out + .14, COVERED 200 at 26.47, out + .18, COVERED 200 at 26.51, out + .14       =          + $1,086

Total Daily P/L:          + $1,348 Profits

UVXY04202016finale PPC02282016finallea

Summary

SPY coiled off the daily 15 period ma on the gap down to bounced towards the daily 5period ma 209.04 to set up a daily make or break. We hit nice scalps on UVXY coil back to the 14.31 fib. CRUS set-up a nice short near the 38 resistence area to scalp leans to 37.30s. We spent most of the morning scaling into PPC SHORT for the reversal exhaustion that finally kicked in when algos left the building around noon. Closed out the day + $1,348 Profits.