Even equity index kept bouncing back and forth last week,  I still have the same view as before. The final 5% correction will start this week, and last about three weeks or more.  My downside target is 2070 for S&P 500 this week, and 2040/2050 in the middle of June,  possibly down to 2000 if the correction gets deeper.   There will be a lot of volatility in next few weeks, and it also means a lot of opportunity.  Finally it's the time to make some big money, and It's the time to turn your $200 into $1000 in a few weeks.  So buy equity puts will pay off next few weeks.  Try spy, QQQ July or June puts, and wait for the real sale-off in one or two weeks.

Now there is a great setup for several trades.  If you catch it you can make a small fortune. This kind of opportunity doesn't happen very often, and the courage to ride the whole trade is even less.  For now I keep it to myself, and won't reveal it for free.  I will post it next few weeks when it plays out.