I am now moved to a net short the spy at 95% long in the money 510 puts for dec 2024 .I am holding out to move to a 100 to a 115 % short if we can have two thing occur .1st the sp prints 5055 and the vix on the 9 day prints 11.30 or lower.I have been waiting for the 5071 target and the dji of 38950to 39450 focus 39100 .But I saw some math as to why we stopped at 5048 . The nyse as just seen a record high today on a print basis and as we are very close the ENEMY of Good is PERFECTION
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just now
2/20 2024 it appears we are forming an ABC wave 4 pullback I have covered the shorts and puts and look for a last grasp up from 5071 to 5133 area into march 6th week plus or minus 3 td to find the peak and drop rather sharp into may 10 plus or minus 3td