Will Support Hold?

Will they hold and what are risk assets telling us?

Another very red day. Bonds are up, oil is down, gold is down, crypto is down, and stocks are down. It’s a generalized risk-off day.

We are seeing Bitcoin up against support at 60k, ETH at support at $3k, QQQ and SPY both at fibonacci retracement levels. I’m worried that this sell off has the juice to break through the support, but I’m not taking action …