The market is getting hit hard on Powell's hawkishness, and it's put Tesla (TSLA) into the danger zone I outlined.

So I'm going to close out Tesla from Power Plays.

These short-term paper cuts hurt.

But in this environment, we have to manage risk aggressively. Especially when there's a chance we could wake up tomorrow with Tesla down even more.

So the prudent move is to back off and wait for another setup.

-Scott