29 Nov Trades for Tues, Nov 29, 2016: + $174 Profits
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9:34 – SHORT 500 M 43.42avg, COVERED 400 at 43.22, out + .20, COVERED 100 at 43.32, out + .10 = + $90
9:44 – BUY 200 TIF 83.50, SOLD 100 at 83.74, out + .24, SOLD 100 at 84.10, out + .60 = + $84
Total Daily P/L: + $174 Profit
SPY leaned to test the 220.22 fib before coiling this morning. We scaled into M SHORT off the 43.50 resistance level to scalp the leans through 43.22. We hit TIF LONG for the squeeze off 83.50 breaks to scale out up through 84.10 overshoots. Please light shares in this thin liquidity environment. Closed out the morning with + $174 Profits.