DJI Still waiting for the counter-trend Wave 2 rally to peter-out; note on rally leg how price is mid-channel. Where it goes next will set the stage for the final push up to the top channel line, or, a breakdown below bottom channel line. If the latter, all-in on March index puts on break below line. GM Rolling over to March 18th $50P is still on the table. Those puts are trading at $2.00 and GM should be in mid-$40's by expiration. Next leg down confirmed on a close below $50.