Heads up, I am put my full hedge back on

Head up, I have put my full hedge back on (40% short on IWM) premarket.

Reasons:

• NVDA 0.00%↑ news fail —> super great earnings, bad market reaction!!!

• Quad 1 and Quad 2 exposures show relative strength, but it is very tamed (none of them make a new 4 Week high)

• TC2108 is still at a sell signal, yes, constructive at these levels, but not enough looking at all the factors

• Quad 4 exposures show strong RSI readings

• I had a deeper dive into my Small cap value momentum systems: the only ones that are strong I have in my book, pretty much everything else (> 100 SCVM Systems) show weakness.

• Fed speeches today, my best guess is they will be hawkish!

Sorry for the fast change of my opinion!

Besides beeing long Small cap value momentum + an IWM Short, I have no really good ideas besides cash here.

If you have to be long $BRKB or $UUP is the name of the game.

Sorry, very hard to read this tape, all in all I lean to protection here.

Best Regards

Andreas

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