ZTO Trade on Aug 20, 2019 09:35 from beno: Tradervue User Stock Trades.

Big Picture
- SPY trading at top of 282-293 range
- Q’s are forming an ascending triangle on hourly chart

Markets Intraday
- PM: SPY gapped up ¾ points from last night to PM (291.7 to 292.5)
- Morning: SPY traded down all the way to 290.5 where it caught some bids; it traded to a high of 292.3 in the morning and is currently pulling back.
- End of day: SPY broke below its LOD (290.5) and closed at 289.80.
- Looks like it might fill the gap from Monday

Technical Analysis – Long Term
- Recent Q EPS beat
- Y/Y Rev up 30%
- Higher parcel volume

Technical Analysis – Intraday
- Broke above $20 range yesterday
- Closed semi-strong
- Broke below $20 and went back to trading inside its original range

Original Plan
1. IF first move is down:
a. Look for tape to slow down at 20.15 or 20 in order to get in, risking off 19.90
2. IF first move is up:
a. Get in when 20.38 is broken and at least one 5min candle opens and closes above this level, stop at 20.28

Execution Notes
I followed my plan and bought two tiers when the first move was down, got filled at 20. Had my stop set for 19.00 and got filled 19.94.

Grade Questions
Did I follow my plan? (yes/no/with mods): yes
Which modifications?: n/a
What justified the modifications?: n/a
Did you hold a core position until you noticed a reason to sell?: n/a
Were your executions goods? yes

Grade: A
(1=D, 2=C, 3=B, 4=A)