Trades for Mon, Nov 28, 2016: + $70 Profits

28 Nov Trades for Mon, Nov 28, 2016: + $70 Profits

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9:32 – SHORT 300 TIME 15.30, STOPPED 200 at 15.50, out - .20, STOPPED 100 at 15.70, out - .40 =         - $80

9:50 – SHORT 1400 M 43.68avg, COVERED 1200 at 43.53, out + .15, COVERED 100 at 43.45, out + .23, COVERED 100 at 43.31, out + .37       =          + $240

9:56 – BUY 300 TIME 16, STOPPED 15.90, out - .10  =          - $30

10:05 – SHORT 300 TIME 15.90, STOPPED 16.10, out - .20   =          - $60

Total Daily P/L:          + $70 Profits

 Mshort11292016labelled

Summary

SPY chopped at the 221.15 fib coil s/p and finally cracked near mid-morning. We scaled into M SHORT as the daily 5-pd ma peaked to set up a daily MSH trigger today. We took a number of stops on TIME SHORT as spreads were wide with nickel increments. Closed out the morning with + $70 Profits.