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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