SPY Trade on Apr 19, 2021 10:21 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

Put a daily doji on Friday as it pushed above the daily ascend. resistance line.
On main watch for a pullback towards $413.5-414 area.

Premarket plan was to get "short" only if it managed to break and hold below S1=premarket low=$416. S2=$413.5-414 next inflection point.

Pop towards R1=$417 at the open, was met with a brutal rejection and a quick flush to $415.

Got short Tier 0 at the retracement to S1=$416 + VWAP, risking tight stop $416.3s, expecting the retest of LOD=$415 at a minimum, then move to target/S2.

Covered some at the quick sell-off to $414.4-414, held rest as core to trade around.

Rinse + repeat move, reloaded size, risking the previous lower high=$416.15, covered into S2=$413.5-414.

Remained weak, couldn't reclaim any previously lost support level, below VWAP, with seller sitting right at $415.1, buyer at $414.-414.3s.

Scalped the range, thinking there was another leg down in the afternoon session, but when it failed to push below $414 at 15:30, covered bulk, leaving a tiny trailer on with stop above VWAP.

Stopped out last minute before the bell. Great trading. Took home as much as I could.

(+) Remained patient all this time, taking small hits on the front-side, waiting for the weak tape. Put the size and pressed when it really mattered, when sellers took contol.

(+) Legit executions, tape reading

Insane bid though. After such a run and can't let the f@cker make a decent pullback even to

9SMA@daily
. Who buys $414s for 4-straight hrs (+ wins at the end) after such a run on the index?

Sellers tried really hard all-day long and we closed -0.5% on the day. Pathetic. At least we know where the buyer sits, and what has to be done if we want to go lower:/

image


Execution detail:

Date/time Symbol Side Price Position
2021-04-19 10:21:31 SPY sell $415.720 short
2021-04-19 10:25:10 SPY sell $415.930 short
2021-04-19 10:26:48 SPY sell $415.805 short
2021-04-19 10:40:36 SPY sell $415.780 short
2021-04-19 10:45:12 SPY buy $415.110 short
2021-04-19 10:47:36 SPY buy $414.550 short
2021-04-19 11:15:00 SPY sell $415.490 short
2021-04-19 11:21:21 SPY sell $415.600 short
2021-04-19 11:32:44 SPY sell $415.240 short
2021-04-19 11:44:37 SPY buy $414.590 short
2021-04-19 12:28:28 SPY buy $414.360 short
2021-04-19 12:39:58 SPY buy $414.120 short
2021-04-19 14:18:02 SPY sell $414.700 short
2021-04-19 14:24:29 SPY sell $415.050 short
2021-04-19 14:30:48 SPY sell $414.950 short
2021-04-19 14:39:07 SPY buy $414.450 short
2021-04-19 14:48:18 SPY sell $415.050 short
2021-04-19 15:08:42 SPY sell $415.070 short
2021-04-19 15:14:11 SPY buy $414.550 short
2021-04-19 15:15:47 SPY buy $414.420 short
2021-04-19 15:36:22 SPY buy $414.530 short
2021-04-19 15:59:58 SPY buy $415.268 0


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