25 Mar Trades for Tuesday, Mar 24th, 2015
9:38 – SHORT 3000 CHK 14.62avg, COVERED 1500 at 14.48, out + .14, COVERED 1000 at 14.44, out + .18, COVERED 500 at 14.41, out + .21      =           + $495
9:55 – SHORT 2000 WLL 30.26, STOPPED 30.65, out - .39      =           - $780
10:04 – BUY 5000 WLL 30.70, STOPPED 30.42, out - .28      =           - $1400
10:30 – SHORT 3000 WLL 30.43, STOPPED 30.84, out - .41      =           - $1230
10:47 – BUY 5000 WLL 30.92avg, SOLD 3000 at 31.07, out + .15, SOLD 1000 at 31.21, out + .29, SOLD 500 at 31.15, out + .23, SOLD 500 at 30.99, out + .07      =           + $890
11:46 – SHORT 2500 SBUX 97.60avg, STOPPED 1000 at 97.92, out – .32      =           - $320
12:06 – SHORT 6500 TWTR 50.67avg, COVERED 4000 at 50.60, out + .07, COVERED 1500 at 40.71, out - .04           =           + $190
2:49 – SHORT 3000 TWTR 50.81avg, STOPPED 3000 at 50.85, out - .04      =           - $120
3:02 – SHORT 6500 ABBV 59.67avg, COVERED 3500 at 69.65, out + .02           =           + $70
3:44 – SHORT 3500 TWTR 51.16avg, COVERED 1500 at 51.48, out - .32           =           - $480
Overnights:
SHORT 2000 TWTR 51.16avg,
SHORT 3000 ABBV 59.67avg
SHORT 1500 SBUX 97.60avg,
Total Daily Losses: - $2,685 (closed positions)
Total Weekly Profit: Â - $1,871
Total Monthly Profit: + $5,460
Total Yearly Profit: Â Â + $14,198
Summary:
Wild day as the SPY came in trying to pop the daily mini pup with the 60 minute make or break that eventually petered out as the 60 minute went into an inverse pup breakdown to expand the bbs and grind to lows into the close. SPY broke though the 209.21 super fib and has 208.65/208.35 weekly 5 and daily 15 period ma below and 207.86 fib below there. We started off the day with a nice short on CHK off 14.60s to scale out 14.40s-14.30s. WLL just completely whipsawed us on both sides as the algos were just nasty as we were trying to get followthrough at or off that 30.30 super fib. We eventually caught the breakout from 30.90 to 31.20s before it went back into consolidation. We scaled into TWTR and scalped exhaustions in the early part of the session. We scaled into SBUX short looking for a daily MSH trigger that grinded against us. It peaked off the 60 minute upper bbs as got reversions back to the 97.90s where we trimmed some down and took overnight short at 97.60avg.. Â We also scaled into TWTR overnight shorts at 51.16avg and will look to scale if it tests 52.50s. We took ABBV shorts overnight at 59.67avg as the daily MSH triggered with a stochastic peak at 80 band. Took a - $2,685 loss on closed positions today.
The SPY sell-off today may have triggered a bearish daily seed wave, which has very powerful ramifications. In a nutshell, the projected downside target would be down around the 202.50-199.50 range which is the 1.27-1.618 target zone off the peak of the first MSH at 212.24.