When It Finally Broke ⚡
One macro spark (trade tensions) and the fragile setup unwound. It was only a matter of time; you can feel it in the air. Breadth had been below its 5-day MA since late August. Indices kept grinding higher — the “market of stocks” quietly diverging from the “stock market.” FOMO was in full swing: names up 3, 4, 5 days in a row were being chased. Everyone knew it… But no one wanted to leave the party. The desperation to try to make up gains that were missed was palpable and apparent. You could read it on the timeline — [...]
