“Change happens in an instant. It happens the moment you DECIDE to change.” – Allyson Lewis
As we have been highlighting, Monday 13th was a ‘key’ day and you should not underestimate the importance of the reversals we witnessed on that day along with the intraday action > FAANG+M, Copper, Tesla and so on.
In today’s session we are going to continue to focus on the recent all too familiar text-book earnings pump and fade dynamics along with where this fits into things from a cyclical and seasonal perspective.
Don’t forget that despite the ever increasing headline risk, markets remain extremely complacent at these levels.