We’re long a single March 57 put for a 0.12 credit, meaning we cannot lose no matter what happens.  The QQQs could go as high as 62.09 if they follow the same long-term abcd pattern as the Mini-Dow and Mini S&P, although that would imply a much more powerful last-gasp spike. Accordingly, we’ll plan on buying eight April 60 puts, no stop, if the Cubes get within a nickel of 62.09.  We’ll also look to buy four April 59 puts if the rally hits 59.78, a lesser Hidden Pivot target.  In this case, though, we’ll stop ourselves out if the QQQs touch 59.93.  ________ UPDATE (March 16, 2:55 a.m.):  Since “easy” trades like this one are intended to help pay for your subscription, I’ll recommend offering the put to close for $350, good-till-canceled.

–