These are all current option positions via recent Sell Signals. New postions should focus on the April and Jun expirations. Some big numbers due out starting tomorrow morning (employment) and continuing through next week's inflation report. Waterfall decline still ahead, next week to next month at the latest. Recent Options Positions The March EEM position should be rolled over in full or in part into the Jun expiration. New money should target the April IWM puts first, then Jun EEM. March SPY puts are a roll of dice subject to next week's CPI report. Biggest opportunity will be a coming Sell in QQQ (see Q chart below). EEM Intermediate IWM Intermediate IWM Intermediate is an example of combining Trend Model Swing Signals with Pattern Recognition "Big Picture" (EW Count) to isolate higher reward trades. In this case we want to take every Trend Model Sell that fits into the Wave 3 down potential. We don't have to hit every time, but nor do we want to miss potential big return trades. QQQ Intermediate Coming next: QQQ <250, but first has to break hard below Key Level 295. Looking at April Q puts. QQQ: On a close below 295.00 buy any Put on above table with a 50% trailing stop. Currently (1:00 PM EDT) QQQ = 298.00. IYR Sell Signal on close below $85 TSLA We have been right to wait for Fib retracement and so far have been rewarded by cheaper call prices. A 61.8% Primary Wave 2 (circle) retracement is still a long way off...about $150.
