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.

SPY

Bought SPY , VST signal at 119.9$ as indicated here. Will take half off on 1% profit with a trailing 2% stop for the rest.

10% TNA remaining, as indicated here on Friday. Open position

Reduced swing/ ST trading short SPY by half at 116.2$ as indicated here. Open position

TNA

Covered 70% of the position at 40.3$ in premarket. Will ride the rest, stop at buy price.
Open position

CVI

Sold short CVI at 18$. Stop at 19.25$.