Highlights
- Through the lens of our process, all that has changed after two days of strength is that we have gone from "broken and oversold" to "broken and overbought".
- The behavioral bias will be to chase this strength higher, but it was for this very reason that we wrote about this outcome before it happened so that we could be prepared mentally for its arrival.
- Now that it is here, the only question is "has anything changed?" If. . .