Hedging w/ $sqqq.
Spot shares in from 26.12, stop at 24.7$.
Position to hedge other investments in case global markets continue to slide, <25% infection thesis still in play.
Invalidation is perfect for this setup as if this setup were to be invalidated, it means global markets would have reclaimed a huge support level and are now heading up back to cover most of the drawdown.
Position to hedge other investments in case global markets continue to slide, <25% infection thesis still in play.
Invalidation is perfect for this setup as if this setup were to be invalidated, it means global markets would have reclaimed a huge support level and are now heading up back to cover most of the drawdown.
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