Hi All,
SPY was a wild livewire today as it coiled off the 198.60 fib to squeeze up thru the 201.94 fib post FOMC. We hit JOY SHORT at 45.65avg into the algo sweeps to finally get a 5/1 minute dual mini inverse pup leans to scale out 45.40, 45.22 and 45.41. We hit YHOO SHORT at 49.49 but stopped out at 49.52, out - .03 as it chopped in stinky 5s range. We hit LVS Long initially at 50.59 but took a quick stop at 50.47, out - .12. We stepped back into LVS LONG at 50.58 after the 5/15 min market structure low triggers to scalp 50.85, 50.91 and 50.87, out + .27, + .33 and + .29. Carved out + $671 profits this morning.