Trades for Tuesday, Apr. 11, 2017: + $712 Profits

11 Apr Trades for Tuesday, Apr. 11, 2017: + $712 Profits

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9:34 – SHORT 1500 WFM 34.07avg, COVERED 1200 at 33.72, out + .35, COVERED 200 at 33.67, out + .40, COVERED 100 at 33.98, out + .09       =          + $509

9:49 – SHORT 2000 WFM 33.63, COVERED 1800 at 33.53, out + .10, COVERED 100 at 33.48, out + .15, COVERED 100 at 33.55, out + .08       =          + $203

Total Daily P/L:          + $712 Profits

WFM03122016-labelled

Summary

SPY gapped down but chopped off the open. We scaled into WFM SHORT right off the open at 34.07avg for an early perfect storm breakdown and erosion as we continued to hit shorts on the way down as it leaned through the critical 33.85 and 33.66 fibs for nice gains in the 30-minute session. Closed out the morning with + $712 Profits.