This is just one of those weeks, where everything happens a day early In this case, both QQQ and Bitcoin are on the threshold of breaking down, so this is my "Heads-up - Into the Close," on Thursday, instead of the usual Friday. QQQ Hourly Two hours before the close and QQQ is perilously close to breaking down below last Friday's lows. Premium Service Option Positions: Long Precious Metals/ Short Nasdaq Options The idea here is to add to the "Short Nasdaq" positions, QQQ Puts and SQQQ Calls, on a QQQ close below last Friday's low print of 598.68. Bitcoin Sell Signal - Pending As set out yesterday, a new short-term low has generated a BTC Sell Signal - Pending, likely to be triggered today or tomorrow. Mid-Forties on IBIT takes these Jan puts up 3X-5X depending on how quickly it gets there. Any put on the table will do, so I highlighted one in the direct middle of the pack. IBIT The attraction here are the two former lows, $43 and before that, $28.
