The market continues to sell off. not deep enough to trigger our entries to the short side (see The Bigger Picture in Weekend Update) and not deep enough to do too much damage of our long positions. Please be aware of where the 50% trailing stops are on these calls (far right column) and if hit, protect some to all of gains. CHARTS PLTR RKLB TSLL BITO SPX So far, SPX has dropped only so far as its Fib retracement of the most recent leg up. The red horizontal ray (below 5700) is the danger zone, and suggests something more significant to the downside is happening, What's next? NVDA's earnings out Wednesday after the close and a ramp-up in geopolitical tensions over U.S. supplied longer range missiles being used by Ukraine. Time to Google: Black Swan Event.
