15 Jul Trades for Friday, July 15th, 2016: + $357 Profits
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9:33 – SHORT 1000 WFC 48.35avg, COVERED 700 at 48.08, out + .27, COVERED 200 at 48.07, out + .28, COVERED 47.92, out + .43     =         + $288
10:02 – SHORT 1000 JPM 63.93avg, COVERED 1000 at 63.97, out - .04      =         - $40
10:11 – SHORT 700 JPM 64.04avg, COVERED 700 at 64.12, out - .08          =         - $56
10:12 – SHORT 2300 JPM 64.03avg, COVERED 2000 at 63.96, out + .07, COVERED 200 at 63.97, out + .06, COVERED 100 at 63.90, out + .13      =         + $165
Total Daily P/L:Â Â Â Â Â Â Â Â Â + $357 Profits
 
Summary
SPY Spiked to 217 briefly tagged this morning, before peaking out on a perfect storm breakdown. We hit WFC SHORT off the open as it slipped back under the 48.67 fib support and JPM reversed perfectly off the 64.80 fib on the nose. We hit JPM SHORT too late and sprawled added to minimize damage and nailed the perfect storm impulse leans to scalp out. Closed out with + $357 Profits.Â