I am out of 75% of the VST SPY long position initiated at 118.9$. I scaled out the 1st half at 1% gain, I scaled out of the half of the other half (25% of the original position) today morning. I am left with 25% position, will close on 2% upside or downside - whichever comes first. Open position . If the market continues to rally from here, that is fine. We will wait for the next sell signal whenever that is.
Stopped out of the 10% TNA short position. Reminder that we took profits on 90% of the position already.
Stopped out of the 50% SPY short swing/ ST position. Remember we initiated the short at 122.1$ and took half off at 116.2$. That puts us at 2% profit on the whole position even in this pyscho driven market. Not bad, eh? ST positions are in cash now. No buy signal yet.
I am still short CVI. It has been absolutely weak and not reached my stop yet.
When I opened the positions, I briefly summarized what my strategy would be. The above closing trades should not come as a surprise to you.
