I will now move to a 90 % long in the money puts in spy and qqq for march 2025 on any new high today . I see the wave structure ending a nice 5 WAVES up and I am worried about the DIA formation it could be a wave B if this is right then we will see a sharp decline on NEWS over the next 10 td and drop 3.5 to 5.1 % Vix also should see a new LOW .SO I am moving short today
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I have Covered my long puts on open today for a gain 5.3 to 5.8 % I will re short from target 5384/5410 there is an outside target 5453
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today I moved to 75 % long puts this morning sp wa 5440 and I will move to 90 % on any new high today in QQQ i am 75 % long puts now 473.9 and adding 476.1 to 90 % march 2025 in the money PUTS
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COVERED ALL PUTS Minor and flat gain between all If we now close over 482 they will run it up to 503 plus or minus 3.5
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