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NDX - Time to better hedge a tech heavy portfolio

Short
TVC:NDQ   US 100 Index
Hasty update: I'm selling 50% of my SPX short, and replacing it with an equal amount of NDX short, to better hedge my portfolio which is very high in tech stocks. I'm getting warnings from pretty much everywhere that tech stocks may undergo a period of underperformance relative to other sectors, and we are approaching the critical months of August\September which is when the "sushi" usually hits the fan, and sometimes in a BIG ugly way. I'll be looking to actively raise even more cash from those positions that have overshot the targets I had set. Currently I'm 54% long (mainly tech and biotech), 6% short (SPX and NDX with 3x leverage), 40% cash. Good luck and big profits to everyone!
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