SPY Trade on Dec 7, 2016 12:40 from Emilie_BOWS: Tradervue User Stock Trades.

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Emilie_BOWS

 

Daily: SPY breakout to all-time high
Intraday: bull flag
Strong breakout and trending all day. I've never seen SPY made new high and ran that far above ATH before. I expected a new high then a fade like it always did. However the intraday pattern told a different story so I treated it like a short squeeze that might run further than I could ever imagine.
I expected a strong close near HOD so I kept holding the shares and added more at certain points.
** Please use a leverage ETF next time !!!


Execution detail:

Date/time Symbol Side Price Position
2016-12-07 12:40:02 SPY buy $222.410 long
2016-12-07 13:02:20 SPY buy $222.780 long
2016-12-07 13:45:20 SPY buy $223.450 long
2016-12-07 14:45:03 SPY buy $223.810 long
2016-12-07 15:45:04 SPY sell $224.500 0


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