Shared by
sk6345
SPY is in a range, forming a flag pattern underneath price resistance. Intraday price gapped down at the open pulled back the ma's and failed to break above them all and a downtrend is formed.
Stock makes clean gap up on the daily. Intraday, price pulled back as the 9 ema was curling up under price. Price support was created and it held. I entered just before price remounted the vwap. Sold half into the spike and exited completely when red candle held.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-05-03 09:54:00 | WTW | buy | $24.350 | long |
| 2017-05-03 10:05:00 | WTW | sell | $24.700 | long |
| 2017-05-03 10:18:00 | WTW | sell | $24.670 | 0 |
| 2017-05-03 10:21:00 | WTW | buy | $24.800 | long |
| 2017-05-03 10:23:00 | WTW | sell | $24.550 | 0 |
| 2017-05-03 10:42:00 | WTW | buy | $24.820 | long |
| 2017-05-03 11:00:00 | WTW | sell | $24.600 | 0 |
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