18 May Trades for Thursday, May 18, 2017: + $610 Profits
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9:39 – SHORT 4000 MS 41.55avg, COVERED 41.47, out + .08 = + $320
9:59 – SHORT 2000 VSI 12.04avg, COVERED 1400 at 11.85LIMIT, out + .15, COVERED 200 at 11.90, out + .14 = + $290, SWING 400 SHORT
Total Intra-day P/L: + $610 Profits
SPY had a reversion bounce this morning pushing up the financials. We scaled into MS SHORT at 41.55avg on heavy size for the reversions back through the 41.45 fib, scalping 41.47 into liquidity, out + .08 on heavier size. We hit VSI SHORT at 12.04avg to trim 11.85 lower hanging fruit and SWING the rest on the perfect storm breakdown anchored by the daily double barrel mini inverse pup. Closed out the morning with + $610 Total Profits.