May 16 (Gain $125.75)

11:07am   First move of the day.  Quick scalp... short TNA at 49.77.  Cover at 49.71 for $26.01 gain.  As much as I believe the S & P is overbought, I DO NOT TRUST this market right now to move much on the short side.  There is too much Bullish euphoria.
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11:15   Price is back up to where I shorted my earlier scalp, and now creating HOD.
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11:30   SPY printed a doji on the 15 minute chart.  Beware the reversal?
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11:39   Short 500 TNA at 49.79 at 11:39.
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12:07   Covered half; 250 shares at 49.68 for Gain of $25.43
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12:10   Covered remaining 250 shares at breakeven after price popped just after I covered my first 250 shares.  Gain $2.65  I had as much as a $75 gain in this trade, but chose to hold.  As I write this, price is above my breakeven and nearly touching my original stop at 49.85.  It took ten candles of consolidation to drop to the 49.63 level and only two candles to recover the lost amount.  Price is now above my original stop.  All the momo is still bullish and shorts are scalps.
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12:23   There's the TNA break I was looking for.  I was one consolidation wave/cycle too soon!  But had I held and kept my stop, I would be out of the trade with a stop loss.
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3:13     Shorted 500 TNA at $49.31.  Covered quickly (too quickly by looking at the chart now); all out $49.20 at 3:18pm.  Gain $51.03.
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3:22    Wow, nice breakdown so far, TNA at 48.90 and dropping with speed.  Should have stayed in!
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3:50    Long 500 shares TNA at 48.71 for quick scalp.  Exit all 30 seconds later at 49.76; gain $20.63
Good thing to get out quickly... price now down to my entry level in under 2 minutes.
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3:55   Price moving up nicely now, again out too soon.  However, with only ten minutes left in the day, I think scalping is the best route unless I'm willing to carry the trade overnight.
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3:59   Wow... out WAY too soon on that scalp.  It has run up to 49.13; up to a $200 winner had I held.