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Covered shorts. Close enough levels to June low for the 50/50 bet.

Bought $QQQ, $GOOG, $ADBE and $MSFT

Rationale - both bulls and bears will derisk ahead of Powell's speech. There are probably more bears shorting into the hole than bulls buying on this tape. To be clear - it's a 50/50 proposition that the June low holds. It'll hold today, but might not on Mon.

Stopped out



Ex-Silicon Valley executive. MBA. Ex-Big 4 consultant. Global trader and investor. Not trading advice. Do your own due diligence.

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