SPY and QQQ Bottom today MOVE to 85 % long calls jan

Apr 18

the chart posted is that of the spy it is nearing the end on the first leg down in a wave A and is taking the form of an abc decline into spiral f9 and a high due in the vix cycle 4/15/4/17 put calls have decline well into the cycle and now over bought conditions have as well . I look for a rally to at a min .382 up best of trades Wavetimer

Apr 18

Note

this morning I took profits again on the rally back up in qqq to 428 and spx 5052 I think it is a minor wave 4 rally .This forces me to exit and place a target on the downside in qqq now 421.5 to 420 and spx from 5004 to 4973 I will move back to the long side then and it will be a 100 % full long calls . watch for dxy to print 106.6 and 10 year to peak at same time I will NOT SHORT into the cycle bottom a better to position for the BIG RALLY the last pop in vix is going to be non confirmation signal on NEWS

Apr 19

Note

4/19 2024 1 pm update I have now moved back to a 90 % net long calls in spy dia jpm qqq I see this decline as wave A down or wave 1 the odds are at 95 % it will be wave A down we should see the sp rally back up to two targets first 5150 2nd is a NEW high into 5330 This would followed by a major wave C Crash the cycle should peak into june 6 2024 . the decline is a clear warning of what is coming in the cycles

May 16

Note

I am NOW 115 % long in the money PUTS in QQQ and SPY now we have reached all upside targets . I will remain in PUTS over the next 5 to 7 weeks . we also now have a vix of targets were 12.74/12.4 today 12.33 I also have nearing a put/call sell . I will be away in mexico for 2 weeks till early june But I see markets ready to break to below april low likely 4862 best of trades WAVETIMER

May 16

Note

DOW JONES targets is now 36192 for those trading the DIA