Indexes remain near highs, but conditions under the surface continue to frustrate traders. Failed breakouts, rapid rotation, and a classic digestion phase have made patience more valuable than activity.
In this update, I break down:
What the index structure is really telling us
Why this is still a constructive but selective environment
How to think about exposure, risk, and cash right now
What this means going into stock selection and watchlist building
This is not about predictions. It’s about aligning process with the current market regime and avoiding death-by-a-thousand-cuts trading.
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