Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-SPY went as high as 320 because world is slowly reopening from COVID
-SPY extended and pulled back from 320 to retest the 300 psychological support
Technical Analysis
-SPY pattern: Fade
-Intraday pattern (TVIX): Mountain
-Levels: 173, 188, 212, 230
Strategy / Confluence / Sizing Guide / Risk
Strategy: First test short of SPY 304.5 level (long TVIX)
Confluence: N/a
Strike Zone: 304.5 - 305 (SPY)
Sizing (lots): 1
Risk (stop / Rs): Hold above 305
Review / Lessons Learned
OGT, got light a little too fast in hindsight.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-06-12 11:39:24 | TVIX | buy | $196.470 | long |
| 2020-06-12 11:40:00 | TVIX | sell | $199.610 | long |
| 2020-06-12 11:41:11 | TVIX | sell | $200.510 | long |
| 2020-06-12 11:42:45 | TVIX | sell | $202.240 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!