Look for the S&P Cash to open 4 - 5 points higher.
We will be looking to fade this open as I do anticipate a non-trending day at least
until the FOMC minutes are released at 2:00 PM.
The Pivot comes in at 1440.13, so I will be looking to fade the open from 1438.5 to 1440.
I will update the blog once I have executed the fade, but if things do not seem right for the fade
then I will abandon the trade and wait for the first hour trading range to be put into place.
Today should prove to be a great scalping day for 4-6 points on either side all the way until 2 PM.
Lets Go Get'em