This Alert is going out a little early, as I would normally wait for the indexes to be closer to their triggers. The potential for fast market conditions coupled with WiFi signal issues causes me to rather be early than feverishly on hold and pissed off with Cox Cable stay-at-home technicians. Plus, the market is closed Friday in front of a juicy July 4th weekend target for civil unrest. The structure is unchanged for a Wave 3 down, commencing any time now. ============================================ SPY Short-Term Sell Signal - Pending SPY Hourly Trading Model generates a Sell Signal on an hourly (bottom of) print below 307.00 (Currently = 310.50) Option: Aug 21st $280P Aggressive: Jul 17th $300P ------------------------------------------------------------- Repeat Sell Pending: IWM below 139.50 (Currently 141.80) Option: Aug 21st $135P -------------------------------------------------------------- DIA: Short-Term Sell below 257.20 (Currently 258.40) Puts: IWM or SPY above. ============================================
