Trades for Tuesday, Aug. 22, 2017: + $941 Profits

22 Aug Trades for Tuesday, Aug. 22, 2017: + $941 Profits

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9:33 – BUY 200 MOMO 39.15, STOPPED 38.90, out - .25     =          - $50

9:36 – BUY 200 MOMO 39.15, STOPPED 38.90, out - .25     =          - $50

9:51 – BUY 400 MOMO 17.54LIMIT, SOLD 17.68, out + .14  =          + $56

10:07 – SHORT 5300 DSW 18.98avg, COVERED 4500 at 18.80, out + .18, COVERED 400 at 18.92, out + .05, COVERED 200 at 18.90, out + .08, STOPPTED 200 at 19.04, out - .06           =          +$834

10:57 – SHORT 1000 DSW 18.93, COVERED 800 at 18.82, out + .11, COVERED 100 at 18.68, out + .25, COVERED 100 at 18.55, out + .38       =          + $151

Total   P/L:      + $941 Profits

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Summary

SPY was in a perfect storm grind all morning. We scaled into DSW SHORTS into the 19.27 fibs from 18.55 to average 18.98 for the reversions back to retest the 18.78 trend line support. We scaled out and back in multiple times for the breakdown on a 4-Lane Perfect Storm Breakdown through that 18.77 to lock out leans into the 18.50s despite the SPY grinds higher. Closed out the morning with + $941 Profits.