SPY Trade on Mar 22, 2022 10:58 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

Huge rally & 6th consecutive green day, now approaching significant resistance=important previous daily support pivot=20SMA@weekly=9SMA@montly=$451-452.
If sellers are to reject price, that's a good spot, especially given the way we shot higher (in a straight line, no pullback).

-- Got short Tier 0 size, risking wide stop for now $460s
-- Will look to add another tier and tighten stop once we have more clarity and see where seller steps in, if he steps in.
-- Expecting brutal rejection here, hold below $451, roll over and make its way back to low $430s.
-- 1st target $430

03-28-2022
50% partial stop. Remaining 50% stop per plan $460s

03-29-2022
Gap-up after such a rally w/o breather into previous major resistance area=$458-460s was ideal to reload short, what I got stopped out, and some. Willing to bag-hold remaining 50% from earlier entry into such gap-up to resistance.
-- Reloaded short + one more Tier, risking 465s for whole size
-- Expecting to see sellers stepping in and this thing to roll-over at least to $451
-- 1st target $451, then will see based on price action

03-31-2022
Covered 2/3 in-front of $451-452 target.

04-05-2022
They gave up the $458-460 entry again, this time knowing exactly what the stop should be.
Excellent!
-- Reloaded short what I covered, stop for whole size $462s
-- Expecting round-trip back to $451s
-- Covered 50% same day at target. Nice!

04-20-2022
Trailing stop hit. Flat.

image


Execution detail:

Date/time Symbol Side Price Position
2022-03-22 10:58:24 SPY sell $448.732 short
2022-03-22 15:50:17 SPY sell $450.086 short
2022-03-28 15:25:02 SPY buy $454.458 short
2022-03-29 07:41:49 SPY sell $457.880 short
2022-03-31 15:57:50 SPY buy $452.600 short
2022-03-31 15:59:39 SPY buy $452.130 short
2022-03-31 15:59:59 SPY buy $451.210 short
2022-04-05 10:03:50 SPY sell $457.605 short
2022-04-05 12:51:42 SPY buy $453.429 short
2022-04-05 15:12:44 SPY buy $451.540 short
2022-04-06 07:51:10 SPY buy $446.930 short
2022-04-11 12:05:42 SPY buy $442.210 short
2022-04-20 09:30:11 SPY buy $447.070 0


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