TNA

Taking VST sell signal on RUT by shorting TNA at 45$ with a 3% stop. I got VST sell signal on /ES as well, so you can take short sell SPY. Remember the rules, follow discipline, have a concrete plan to stop out before taking the trade, scale out of profits. I will update on closure of the trade. GLTA!

SPY

Closed my VST SPY short during after hours for slightly higher than 1% profit. I only use RSI 14 sparingly, it is not the basis of my signal and that is not where my major profits come from. Today's trade was indeed a clean shot though the market oscillated for an hour at the open. If my system signals a VST sell on /ES on sunday night or before Monday, I will post it.

VST in cash, ST in cash. Have a good weekend!

SPY

Sold short SPY @126.35$. VST trade - stop is 1.5%. Will scale out of profits if success is met. I will post the scaling out at the end of closing, stopped or taking profits either way.

SPY, TNA, CVI

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.