The first Weekend Update of the new year will be posted tomorrow, Saturday, around puck-drop for the Red Wings-Penguins game (ABC). For now, nothing to do, but that will change dramatically depending on the first few days of next week. More at puck-drop. SPX Weekly QQQ Daily: Trade Chart This chart illustrates the action pending trigger for new short positions, i.e., if QQQ declines below $600-605 support area we want to own Feb 20th $575 Puts, targeting a drop to below $550 in the first few weeks of the new year. If it is breaking said support Friday into the close, an initial position is warranted, with more on a follow-through decline next week. If support holds, no action is required. QQQ Feb Puts To be added on a QQQ breakdown below $605-600 support zone. Gold Closing at support.
