03 Jan Trades for Tuesday, Jan. 3, 2017: + $614 Profits
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9:35 – SHORT 1500 DEPO 19.90avg, COVERED 1200 at 19.53limit, out + .37, COVERED 200 at 19.35, out + .55, COVERED 100 at 19.30, out + .60 = + $614
Total Daily P/L: + $614 Profits
SPY chopped near the daily 5-period ma this morning 224.85 to retest the 224.70 area fib ahead of the 10am candle close. We scaled into DEPO SHORT on lame gap on NY Post rumor of takeover for a nice scalp within the first 20 minutes. Closed out the morning with + $634 Profits.