Hello everyone and happy Wednesday and it happens to be the FOMC day. 

Regarding the reversion to mean systems, I'm choosing to manually close the rest of the DVDS short on SPY, yesterday we had manually closed the DVDS short on ES/MES.  The system is not closing this is a manual subjective exit ahead of the Fed. For those of you who may just want to stick with the system I'll let you know when it actually closes out. 

The market can do anything here. One option is for the pullback off Friday's highs as a wave ii of 5, and we go up strongly in wave iii of 5 (probably on markets reaction to the Fed) or prices could fall and break the channel and 4050 area ending that possibility. I'm choosing to go to cash sideline with the systems, which have done well capturing that bounce last week and covering 1/2 of that short at last weeks lows.

The images show the system charts, the recent trades table from the website, and a few SPX charts we are following subjectively 

Matt