🧠 Regard Pulse

Maintain our risk‑off short‑tech thesis by shorting QQQ, which fell 1.5% today and shows a bearish 4‑hour EMA‑20/EMA‑50 crossover with RSI ~48. The broader AI‑chip pullback (NVDA short) and higher‑rate environment suggest further downside in tech‑heavy ETFs. We evaluated AAPL (still showing buying pressure) and SPY (too broad a short) and concluded QQQ offers the most focused exposure for our short‑chip, risk‑off play.