I haven’t been as active this week, so to close it out, I’m laying out my full view of this market in today’s video.
What I’m seeing is clear capitulation — not in price, but in time. This selloff has been as shallow as any we’ve seen in this bull market or the last, yet people are acting like it’s the end of the world.
The frustration you’re seeing isn’t about price action — it’s about exhaustion. Traders have churned through capital all year in a flat market, and it’s showing in their emotions.
But this is exactly when markets turn.
I urge you: step back from the noise. Don’t join the crowd that quits the moment things get uncomfortable. Everything we’ve outlined over the last several months is still playing out — just taking a little longer and testing patience, as every real cycle does.
A few extra weeks of chop or a slightly deeper pullback changes nothing. The setup for a massive risk-on rally remains intact — and the fact that almost everyone has given up only adds fuel to it.
For those watching closely, the first signs are already starting to emerge — and that’s exactly what I’m breaking down in today’s update.
