We came into the day in a 🟡 Trading Environment meaning we are 25% to 75% invested as the market environment as we enter average trading probabilities.

The divergence between how the leading stocks are acting compared to the indexes has grown to a breaking point. From here we will see either the indexes break under their 200 day SMA, triggering multiple stop losses and the eventual breakdown of leading stocks. Or option 2, the mega cap stocks find some buying support and the leading stocks take off to the upside.

Be patient and wait for the evidence you need to get aggressive in one direction or the other.

Potential Leaders List: ACLS, AEHR, ALGM, ARHS, ASO, CROX, ELF, FSLR, LTH, PI, SMCI, TMDX.
MBLY out FSLR in

If you want to be trading for the next 1, 5, 10, 20 years you need to always prioritize risk management and protecting your capital.

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