13 Jun Trades for Tuesday, June 13, 2017: + $236 Profits
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9:41 – SHORT 300 CAKE 53.40, COVERED 53.28, out + .12 = + $36
9:51 – SHORT 1000 SQ 23.93, COVERED 23.76, out + .17 = + $170
Total Intra-day P/L: + $236 Profits
SPY peaked on the 60 min stochastic for areversion back down to the daily 5 period ma ta 243.61 on the 60 min and daily make or break. We placed many LIMIT orders on CAKE but no luck on fills. Only caught a single SHORT for a small scalp. We spotted the 1 minute mini inverse pup fade to SHORT SQ at 22.93 for a nice lean down to the 23.73 and 23.61 area fibs for a scalp. Closed out the morning with + $236 Profits