I have now started to position for the transition in the markets I have moved out of all calls again for the 4 time in 4 days each of the trades made $$ . but today is day 39 TD of the rally . And I am looking for a TOP in day 40 TD I have now moved to 40 today then 75% MOC in spy and qqq 5550 555 560 QQQ puts 2026 time zone and 650 in spy . The trendline has held rather nice to help make some nice $$ and we if bullish should now be in early wave 3 of 5 of 5 of 5 .So why buy puts NOW simple answer is It could still be wave c up for wave B or wave D. and That today is day TD39 I have posted a possible Major top due on td 40 and The spiral hold up into june 6th to 9th .I know my risks and am willing to start taking the same stand and positions as I did 11/29 12/6 and feb 18th based on the wave structure and PUT /CALL model . I am willing to This is not for all traders . But I am turning down in NYSI and the NYMO is showing buying is running out but bullish call buying is nearing the two last TOPS . I have 25 % cash and will wait for two things One put call drops to 60 on 5 day or 10 day at 65 second daily RSI is no confirmation . 3rd the qqq reaches 531/534 knowing it could extend to 541/555 and similar in sp cash or the DJI prints a .786 this is a lot but it is part of the game plan best of trades WAVETIMER
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June 6 i moved to a 100 % long puts at 531 today june 9th I moved to a 115 % short in spy and qqq and now short smh at 259 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.