Third waves down in IWM & QQQ acting as third waves, i.e., dynamic, relentless, pointing much lower still. Inverse for SQQQ as it is trading above $35 this morning, now targeting mid-$40's. Note updated trailing stops in March option positions. Volatility Ahead State of Union message tonight, tariffs, Ukraine, plus wild cards possible from any direction. Market reaction a roll of the dice. Pattern recognition continues to point down, but its never in a straight line...until it is. IWM QQQ 120 Minute SQQQ 120 Minute March 21st Expiration (Entry Feb 21st) April 17th Expiration (Entry Mar 3rd)
