2017 put 5500 after tax earnings into TRADITIONAL IRA but could not use deduct as I made to much -money was in there about a week, now getting hit with penalty??

I tried to lower my taxable income for 2016 by putting 5500 into a TRADITONAL IRA 1-2017 but it did not help as my income was too high so a week later I pulled it out with zero profit and now I am getting hit with a 10% penalty.....is that normal or I am out of luck---thanks