Trades for Wednesday, Aug. 23, 2017: + $2,310 Profits

23 Aug Trades for Wednesday, Aug. 23, 2017: + $2,310 Profits

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9: 37 – SHORT 1000 LZB 25.38avg, COVERED 800 at 25.15, out + .23, COVERED 200 at 25avg, out + .38 =            + $222

10:39 – SHORT 8700 CREE 23.09avg, COVERED 22.85 out + .24      =          + $2,088

Total   P/L:      + $2,310 Profits

CREE08232017

Summary

SPY coiled off the daily 5 period ma 244.22 to the daily 50 period ma 244.75 and chopped this morning. We scaled into LZB SHORT for the 5/1- minute mini inverse pups. Called it a morning but then saw CREE grind and scaled into the SHORT as it peaked off the 23.35 multiple super fib resistance. The 23.03 buyer and algo sweeps were a pain but it cratered once they stepped off for a beautiful 5/1 min dual mini inverse pup collapse on liquidity to scalpe. Closed out the morning with  + $2,310 Profits.