Today marked the first 5 down in the bear market. I sold the short ETFs at the low and I'm waiting for a return to SP futures 30-minute M/A. If ARCA is not open then I'll short futures until the ARCA open.
The top of (iv) is 1360 cash and 1357 futures. The projected initial bottom is 5/11-12.
I haven't altered my silver 2% ZSL because there is still an enormous net long position in weak hands and they are praying for a rally to approach the old highs. It won't happen but it keeps many from selling.