Trades for Friday, June 24th, 2016: + $1,327 Profits

24 Jun Trades for Friday, June 24th, 2016: + $1,327 Profits

*Take a free 4-day trial to our live alerts real-time chatroom to get live trade alerts and audio analysis to get you in and out safely here

*Summer one-on-one LIVE mentorships trader training with Jea Yu for 2-5 day mentorships are available.  Beginners to seasoned traders are welcome as the training is customized to the individual. Contact  us for dates and details or email JeaYu21@gmail.com directly.  Spots are limited!

=====================

9:33 – SHORT 2000 NEM 38.20avg, COVERED 1500 at 37.85, out + .35, COVERED 300 at 37.77, out + .43, COVERED 100 at 37.66, out + .54, COVERED 100 at 37.53, out + .67           =          + $775

9:44 – SHORT 500 NFLX 90avg, COVERED 400 at 89.56, out + .44, COVERED 100 at 89.48, out + .52        =            + $228

9:54 – BUY 300 SPY 205.74, SOLD 200 at 206.08, out + .34, SOLD 100 at 205.92, out + .18                        =            + $86

9:59 – BUY 500 SPY 206.14, SOLD 300 at 206.04, out - .10, SOLD 200 at 206.40, out + .26 =          + $22

10:13 – SHORT 300 CVS 93.73avg, STOPPED 300 at 93.85, out - .12                        =          - $36

10:18 – SHORT 500 CVS 93.72, STOPPED 93.88, out - .16     =          - $80

10:28 – BUY 300 SPY 205.85, SOLD 200 at 206.04, out + .19, SOLD 100 at 205.94, out + .09          =          + $47

10:42 – BUY 400 UVXY 12.90, STOPPED 12.78, out - .12       =          - $48

10:45 – BUY 300 UVXY 12.85, STOPPED 12.74, out - .11       =          - $33

10:52 – BUY 1900 UVXY 12.94avg, SOLD 1600 at 13.08, out + .14, SOLD 200 at 13.12, out + .18, SOLD 100 at 13.20, out + .26           =          + $286

Total Daily P/L:          + $1,327 Profits

NEM06242016b

Summary

SPY coiled off a massive gap down this morning to peak out near the 206.40 fib. We hit NEM SHORT off the open to average 38.20 fib as it peaked out 38.67 fib on the nose before reversion that turned into a nasty breakdown for us to scale out down to the 37.50s. NFLX set-up a nice 5-min mini inverse pup to stinky 5s levels to scalp. We clipped the SPY multiple times. CVS was frustrating as it faded with WBA as we threw in the towel on that one with minimal losses. We finally caught the breakout bounce on 5-min mini pup on UVXY to coincide with the 5-minute mini inverse pup on SVXY. Closed out morning with + $1,327 Profits.