Not every correction creates the same market regime.
Friday’s selloff did not trigger a full risk-off environment. It only liquidated existing risk.
That distinction matters, because a position unwind is traded very differently from a true risk-off regime.
Full Report
The Fed had a clear path. Markets had it priced in.
Last week's CPI changed everything.
Higher for longer is no longer a debate — it's the new regime.
We mapped every flow. Full breakdown here.
The Intermarket Sequence is clear.
This is not rotation. This is a liquidity event.
Credit led the breakdown. Equities confirmed the exit. Now capital is searching for safety.
Liquidity is the only variable that matters here.
Full breakdown in the latest report.