Hi All,

SPY got a solid sell-off through the daily 5 period moving average this morning to attempt to form a daily mini inverse pup.  This can only form with a close under the 104.37 area.  We hit TGT SHORT at 70.63 average off the opening spikes to scale out 70.35 and 70.49, out + .28 and + .14 on the stinky 5s reversion play.  We tested BABA LONG at 108.36 (near the 108.21 fib) but took a precautionary stop at 108.21, out - .15.  When it coiled back up to form a 1 minute mini pup, we re-entered BABA LONG at 108.55avg to scalpe the reversion to 5 min 5 period ma resistance at 108.85, out + .30 before it eroded and eventually tanked to 107.50s.  We hit SUNE SHORT at 21.93avg targeting that 21.70 fib test or break but halgos (HFT/algo) got the better of us as they sweeped this thing to stop us out at 21.05, out - .13.  We scaled into YHOO LONG at 50.47avg as it tanked through stinky 5s levels and last pivot too fast for the reversion coils back through stinky 5s to scale out 50.61, 50.63, 50.57 and 50.70, out + .14, + .16, + .10 and + .23 on heavy size as it gave us a 1 min mini pup liquidity spike at 50.70 right as SPY was tanking a perfect storm leandown.  This was perfect spot to exit out before YHOO eventually tanked to new lows at 50.  SUNE finally calmed down as halgos slowed their pace.  We stepped into to re-SHORT SUNE at 21.69avg just before the fib as it triggered a Perfect Storm Breakdown collapse to scale out 21.44 cleanly, out + .25 into heavy liquidity.  Closed out the morning with + $1,278 profits.