Stocks. Precious metals. Crypto. Different markets, same direction: down. The Fed’s tough talk on inflation appears to have struck a nerve. Is this a passing reaction—or the opening act of a more serious decline as we head into September and October? We will let the market answer. That’s why we have trailing stops on our option positions. We can give our winners room to run while keeping an exit plan in place if the selling gathers momentum. Meanwhile, I’m watching for our next tactical trade. A confirmed breakdown could open the door on the downside; a recovery could keep the bullish opportunities alive. In this Weekend Update: the charts I’m watching, the signals that would prompt action, and where our next trade could take shape.