Late Friday I sent out new positions in IWM puts and SQQQ calls. My fear was that today would gap down and anyone late into those positions would have to chase. The market accommodated all with a weak gap-up open which is failing. Those recommendations look even better now, about an hour into Monday's session. IWM 120 Minute IWM Strikes: March Sweet Spot Window QQQ 120 Minute QQQ: As expected, found support at bottom trend line (520) - on hard break look for acceleration down. SQQQ 120 Minute We will track the Mar 21st $28C, but any of the listed strikes work with the three-week price target in the low 30's.
