Highlights
- Forecasting is nearly impossible in calm periods, so during wartime, disciplined attention to market signals becomes even more essential.
- It is critical to understand market structure before a shock, not predicting immediate post‑shock direction.
- Regime identification guides responses: structure determines whether weakness triggers responsive buying or reactive selling.
- With our primary Risk Gauge in upper half of “Mixed,” weakness should attract responsive buying rather than reactive selling.
- March likely brings. . .
