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We are losing the AI trade, and the rotation underneath is starting to change the whole market. In this one I break down why the MAG 7 have turned defensive, the negative divergence I am watching on the IWM, and why the S&P breaking the hourly 50 has my attention. This is a time to be on defense, not pressing the long side.
In a market like this, defined risk matters more than ever. Henry Gambell just ran a session on his Triple 0DTE approach to trading the SPX, and the replay is up for a limited time. If you want to see how to stay active without pressing the long side, this is worth your time.