16 May Trades for Tuesday, May 16, 2017: + $2,009 Profits
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9:47 – SHORT 2600 SINA 97.80avg, COVERED 2300 at 97.12, out + .68, COVERED 200 at 96.70, out + 1.10, COVERED 100 at 96.55, out + 1.25 = + $1,909
10:15 – SHORT 2000 AMD 12.22avg, COVERED 12.17, out + .05 = + $100
Total Intra-day P/L: + $2,009 Profits
SPY made a reversion back to the 240 area on the 5/15 minute make or breaks this morning. We scaled into SINA SHORT at 97.80avg as we added the heaviest sizing near that 98.49 area fib as the 1-minute mini inverse pup kicked in for the exhaustion lead by WB peaks. We scaled out at 97.70, 96.55 and 96.55 on heavy size, out + .68, + 1.10 and + 1.25. We tagged AMD SHORT off the 12.26 fib for lunch money reversion especially with NVDA triggering a 5-min inverse pup breakdown. Closed out the morning with + $2,009 Total Profits.