Quick Notes
Markets delivered a reminder that leadership can unwind just as forcefully as it forms. A sudden break in what had been a steady trend shifted attention back to relative behavior rather than individual price levels. Sessions like this tend to expose the difference between reacting to magnitude and interpreting structure. This is where a rules-based framework earns its keep.
Keep reading with a 7-day free trial
Subscribe to The Market Regime Report to keep reading this post and get 7 days of free access to the full post archives.