SPX - Key level < 4150 4150 is the bottom of the Fibonacci reversal window QQQ - Staggered Put Rollover Based on the anticipated new leg down not being complete before Jun 17th expiration, use this general guide for rolling over Jun 17th expiration puts into July 15th expiration. Each 1/3 leg should be completed as indicated price levels are broken. This is in addition to any positions being held based upon the intermedeiate term service trades, i.e., IYR Sep 16th $100P TLT - Lower lows lower highs = A trend in motion Nothing bullish in store for equites so long as Bonds continue relentless downtrend. Stocks next.