14 Dec Trades for Wednesday, Dec. 14, 2016: + $765 Profits
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10:02 – SHORT 1700 JPM 84.28avg, COVERED 1700 at 84.18, out + .10     =         + $170
10:26 – SHORT 900 JPM 84.57, COVERED 900 at 84.60, out - .03   =         - $27
11:29 – SHORT 4000 JPM 84.76avg, COVERED 3000 at 84.65, out + .11, COVERED 500 at 84.56, out + .20, COVERED 200 at 84.57, out + .19, COVERED 300 at 84.75, out + .01          =         + $471
2:10 – SHORT 1000 VRX 14.28avg, COVERED 700 at 14.13, out + .15, COVERED 200 at 14.15, out + .13, COVERED 100 at 14.08, out + .20      =         + $151
Total Daily P/L:Â Â Â Â Â Â Â Â Â + $765 Profits
 
Summary
SPY chopped between the 227.90 x 227.34 fibs with .20 overshoots ahead of FOMC. We played JPM SHORTS at multiple levels and scaling as it peaked off the 84.94 fib and daily 5pd ma resistance for reversions to 84.50s ahead of FOMC. We tagged VRX SHORT after the FOMC rate hike for a perfect storm rejection back thru the 14.22 gatekeeper fib. Closed out the day with + $765 Profits.