Last Friday I wrote, in part, (4) The best trade of the year is still ahead (if we are not already holding); Today's annoying (to say the least) short squeeze is setting up another entry for 500%+ return on index puts. Over the next days I will be monitoring and updating Fibonacci reversal zones on all of the major stock indexes and will be sending out the charts in both PRO and Premium Updates. What has worked so well for us YTD has been to follow the countertrend rallies into the reversal boxes and then short as the index falls out of the bottom of the those windows. This next one should not be missed. SPX - Fib Reversal Window Alert: SPX has entered lower left corner of reversal window
