Unemployment numbers exceed expectations. Short SPX500 to Zer0

Theo GerardWalker
As mentioned in the title this morning, unemployment claims exceeded expectations 220k Claims vs 225K actual. This is bad news, but then we are in a bear market so this causes stocks to rally.

This should provide us an opportunity to load on PUTS as we range inside this triangle wave X.

Accumulate puts up to low 4000's with a aggressive stop above wave C point

Target 2200 mid term

Long term 1000

Cheers
Wave Analysis
GerardWalker

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