Trades for Tuesday, Oct. 17, 2017: + $551 Profits

17 Oct Trades for Tuesday, Oct. 17, 2017: + $551 Profits

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9:33 – SHORT 300 SYNT 22.67, COVERED 22.07, out + .60   =          + $180

9:41 – SHORT 1500 SNCR 14.88avg, COVERED 1200 at 14.65, out + .23, COVERED 200 at 14.55, out + .33, COVERED 100 at 14.53, out + .35       =          + $377

9:55 – BUY 200 SNCR 14.33, STOPPED 14.30, out - .03         - $6

Total   P/L:       + $551 Profits

SYNTSNCR10182017-labelledfinale SYNTfib-10172017

Summary

SPY very tight this morning but possible daily mini pup attempt setting up unless it cracks the 5-period ma 255.02. We hit SYNT SHORT on the 2nd overshoot thru the stinky 2.50s area for a nice reversion. We scaled into SNCR SHORT as it slipped that 14.96 gatekeeper fib at 14.88avg to scale out into the leans at the stinky 5’s area 14.50s. Closed out the morning with + $551 Profits