Calling it early, but yesterday changed the character of this tape.
$MTUM gave a clean pivot at the 50-day with $STX fresh off a double digit run. Nine times out of ten that setup is a buy, and it imploded. Now shorts have the ball unless things flag and reset properly.
A failed textbook entry is the tape telling you the odds just changed. The edge is recognizing it fast and adapting. I'm letting the new character show itself before I re-engage meaningfully.
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