Major indices cooled slightly after a relentless advance, but the broader message remains the same: buyers are still defending key short-term trends while leadership rotates beneath the surface.
Pauses without structural damage are the highest probability continuation setups. Watching how breadth and credit spreads behave during these compressions tells you whether the next leg is real or noise.
Pauses without structural damage are the highest probability continuation setups. Watching how breadth and credit spreads behave during these compressions tells you whether the next leg is real or noise.