Wicked FOMC Wednesday Wrap Up
Wicked FOMC Wednesday Wrap Up
As expected this FOMC day was no exception in that it was a veritable roller coaster. We had it all – the morning slam dunk, the sideways yawner, the faux VWAP bear trap, the final death spike and finally the plunge off the platter. Everyone seemed confused – either that or the playaz just upped the ante.
We had two decent divergences today – not sure how many rats however dared to short this tape. I actually threw some butterflies on the wall which indredibly are in the plus as of now.
Program Trading Update:
evil.rat/ES: +0.75
evil.rat/NQ: +1
resident.evil/ES: -1.25
resident.evil/NQ: -1.5
geronimo/ES: +2.5 (this thing is truly on a roll)
That’s all for now – I might chime in later but now I need to get some rest.
Cheers,
Mole