Short-term Sells are coming out of the woodwork. Earlier today we had a Sell Signal in DIA in the short-term PRO service. Later today we will be Short with Puts in this service should it appear that the DJIA will close below 34,000. As that becomes increasing likely, we do not want to be sitting on our hands during the last hour of trading. The signal below, if triggered, would confirm the broader market is following the Dow's lead in falling apart. Sell Signal Pending: DJIA close below 34,000 (currently 33,700) or SPY close below $420.00 (currently 421.00 down 1.00) Option if triggered: SPY July $415P (currently 5.20-5.30) Edit: SPY has broken 420 in the time it took to proof this Alert. It's time.
