Trades for Thursday, Aug. 17, 2017: + $368 Profits

17 Aug Trades for Thursday, Aug. 17, 2017: + $368 Profits

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9:39 – SHORT 2200 LB 36.25avg, COVERED 2000 at 36.05, out + .20, COVERED 100 at 35.93, out + .32, COVERED 100 at 35.17, out + .08       =          + $440

9:52 – SHORT 1500 LB 35.95avg, COVERED 1200 at 36.04, out - .09, COVERED 200 at 35.93, out + .02, COVERED 100 at 35.63, out + .32       =          - $72

Total   P/L:      + $368 Profits

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Summary

SPY formed perfect storm breakdown. We scaled into LB SHORT into the algo sweeps twice to scale out the reversions back through the 36.04 fibs. Closed out the morning with  + $368 Profits.