Trading Journal: Calling a Downturn

I called the downturn earlier today – 11am PST.

I’m short into the next couple weeks. Stay defensive.

Update: Crypto has recovered, but equity is down after CPI. Thurs Feb 15th is PPI and could rattle markets some more. NASDAQ has fallen from ~17900 to ~17550 this week. Will see how PPI goes – if the market doesn’t resume the rally, I could see some more extended selling.

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