Hi All,

Volume superlight this morning with a choppy SPY.  We hit CTRP SHORT at 51.72 fully aware of that 60 minute mini pup lurking beneath but the 1/5/15 minute were trying to mini inverse pup.  It downticked to 51.50s but then coiled very strong twisting the 1 minute and 5 minute stochastics back up in alignment with the 60 minute mini pup.  We immediately took a stop at 52.16, out - .44 on light shares.  This is a situation that one could mistakenly think to sprawl scale into but that would have been a big mistake as the algos ramped it up to 53.70s.  The key was knowing that the 60 minute mini pup lurking under the surface was a main threat should ANY of the lanes turn up.  We took HPQ LONG on double size at 37.84 to scale out nicely into the perfect storm volume spikes at 38.07 and 38.19, out + .23 and + .35.  We hit FB SHORT at 76.26avg to scalp out 76.20 and 76.30, out + .06 and - .04 as it was in a strong slow grind.  Carved out + $380 profits this morning.