We close this candle below the 786 and I think we visit lows before June.
Gap could fill before moving lower, scaling into QQQ 6/17 puts, $330-340 strike Friday.
If we gap up Monday will add provided upper trend line is in tact.
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Gap down confirmed lower, still eyeing new lows this year before 6/17.
Held puts from Friday, gap down went a bit faster than expected move, if we bounce to fill this latest gap down then will reload otherwise holding Friday contracts.
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CPI Gap up, picked up 340 puts on spike to 347 for 4/14.
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Out of all positions @ ~ 343. 28% Profit closed.
Looking for a relief rally to fil second and third gap (Possibly first gap at @$351.)
Adding puts on gap fills
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Never did fill those gaps, figured we'd have more strength than came out.
We're now eyeing lows way before June, this has far more to go to the downside.
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