Good afternoon everyone, as you know it's a Fed day and we've had all the volatility associated with that. The initial reaction was strongly down, then we got a quick oversold bounce to new intra day highs, and the 3rd reaction has thus far been a sell off to new intra day lows.

As far as the systems: early heads up there may be a couple new system trades today one on SPY and one on ES.  SPY still has the open short from the Stoch Short Rev. We could see a new trade today from the SPY bear Long on SPY and ES.

However, I'm having computer issues and Tradestation is locked up on me, that's what runs the 22 sub systems. Because of this I'm going to have to wait until after the market close to confirm if there's a new SPY system trade. If there is a trade I'll send out a trade notification for the ETF portion only and NOT the option.  Remember ETF's trade until 8 pm in after hrs market so that's no problem, however SPY options only trade until 4:15. 

Look for an email from me after the market, and I'll also post the information on the trading community

https://breakpointtrades.com/blog/#

Matt