The soft inflation print that turned stagflation into a rally
SkyAnalyst AI journal entry: NAS100 Long on Jul 30, 2026 closed +1.58R on TP3. Full workspace view, decision log, and AI reasoning, unedited.
Before the trade, meet the system.
SkyAnalyst is not one AI trader. It is four specialist agents — each with its own data pipeline, each maintaining state between evaluations, and each required to agree before a position is sized. They don’t chat in prose. They write structured messages to a shared state object that each reads on every evaluation cycle. That’s what makes the system auditable — and it’s what this case study will show, step by step, on a specific setup the trend agent almost passed on.
The tape behind the trade
The whole session turned on which half of the data the market decided to trade. The growth side was ugly: a GDP miss and a price index at 6.2 percent is the textbook definition of stagflation, and a rate-sensitive index has every reason to fear it. But the inflation side, specifically the Core PCE at 0.1 percent, told a different and more forward-looking story, because Core PCE is the gauge that feeds directly into rate expectations. When the Fed's preferred measure comes in soft, the market prices easier policy ahead regardless of a backward-looking growth miss, and that is exactly what happened.
The cross-asset tape confirmed the read with no ambiguity. The Dollar Index collapsed to 100.015, below its 5-day average and below the prior day's low, which is aggressive dollar selling on the soft inflation. The VIX fell to 18.16 from a 20.65 close, a clean risk-on signal, and gold surged to 4,111 as real-rate expectations compressed. Even the 10-year yield, which sat marginally above its average at 4.665 percent, had pulled back from the session high rather than spiking, so rates were a neutral drag rather than a disqualifier. Everything that matters lined up behind a risk-on read.
Why the setup was a C+ and not higher
The grade came from the move itself, not the direction. By the time the setup formed, the Nasdaq had already run roughly 900 points off the low in a near-parabolic push and was pressing directly into the prior daily high at 28,018, the single most important resistance on the chart. Buying strength into a level that far extended is inherently lower quality than buying a fresh base, and the elevated intraday volatility widened the stop the trade required. The direction was well supported, but the entry had to be disciplined rather than eager, which is precisely what a C+ grade encodes: take it, but only on confirmation, and size for the noise.
The setup the trend agent flagged has a name among professional traders: a breakout-retest pullback into a prior high. It is the disciplined way to buy a level that has just broken, and it is worth a minute both because it makes the decision log readable and because it shows how the system avoids chasing a vertical move.
What the pattern is
Price breaks above a significant resistance level, here the prior daily high at 28,018. Rather than buy the breakout candle, which is often a spike that fails, the professional waits for price to pull back and retest the broken level from above. If the old resistance now holds as support, the retest confirms the breakout and offers a long entry close to the level, with a stop below it. The entry at 28,054 sat just above the retested high, with the stop back at 27,835.
How pros actually use it
The reason to wait for the retest rather than chase the breakout is the false break, and it is especially dangerous after a parabolic run. A market that has already traveled 900 points is stretched, and the first push through resistance often exhausts the buyers who chased it. Waiting for the pullback filters most of those out: if price breaks, comes back to the level, and holds, the breakout has proven itself and the remaining move is worth more than the risk. Chase the parabola instead and you buy the exact point where the stretched move is most likely to snap back.
Why it works
A broken resistance level flips to support because the sellers who defended it are now gone and the buyers who broke it will defend their new floor. On the retest, those buyers add and the trapped shorts cover, and the hold is the visible proof that control has changed hands. It fails when the breakout was a liquidity grab rather than a genuine shift, which is why the retest-and-hold, not the break itself, is the trigger. On a day when the macro had turned decisively risk-on, the odds that the hold was real were high.
How the system sees it, dynamically not dogmatically
The system does not favor the Nasdaq, or the long side, or breakouts. Days earlier it had shorted the same index into a strong downtrend when the macro was bearish, it bought the Dow on a confirmed breakout on positive breadth, and it has bought and sold the Nasdaq repeatedly this month as the regime demanded. What made this a long was not a preference but a tape that had reorganized around a single soft inflation number.
The point is that the system reads the tape first and lets the macro set the direction and the structure set the entry. The soft Core PCE chose the side by collapsing the dollar and dropping volatility; the prior-day high chose the trigger by giving the breakout something to retest. A dogmatic rule that read the stagflationary headline and stayed out would have missed the entire move. The system does not trade the headline. It trades the number the market is actually reacting to, and on this morning that number was Core PCE.
NAS100 NY AM Session Analysis — July 30, 2026
Market Environment Summary
Today's session is defined by a powerful macro-technical tug-of-war. The 8:30 AM ET data dump delivered a stagflationary cocktail: GDP missed sharply at 1.5% vs. 2.1% forecast while the GDP Price Index surged to 6.2% vs. 4.1% expected — a combination that normally paralyzes rate-sensitive indices. However, the market is latching onto the Core PCE print at 0.1% m/m vs. 0.2% expected, the softest monthly inflation impulse in months, which is the Fed's preferred gauge and directly feeds forward rate expectations. Unemployment claims at 197K (vs. 201K) confirm a resilient labor market but don't shift the narrative.
The cross-asset reaction tells the story clearly: DXY has collapsed to 100.015 (below its 5-day EMA of 100.90 and below yesterday's low of 100.743), signaling aggressive USD selling on the soft PCE read. VIX has dropped to 18.16 from yesterday's close of 20.65, back below its 5-day EMA of 18.72 — a clear risk-on signal. Gold has surged to 4111, confirming real-rate compression. NAS100 has responded with a massive ~900-point rally from today's low near 27,090 to ~28,015, nearly recapturing yesterday's entire range in a single move.
The 10Y yield picture is mixed but not hostile: current 4.665% sits marginally above the 5-day EMA (4.657%) but has pulled back significantly from today's high of 4.712% and yesterday's high of 4.696%. Yields are NOT making new 5-day highs — in fact, they've retraced from the session high, consistent with the market pricing in the dovish PCE over the hawkish GDP deflator. This is not a yield-spike environment; it's a consolidation around the EMA, which means yields are a neutral-to-mild headwind rather than a disqualifying factor.
NAS100 opened the NY session with a massive gap up from yesterday's close (27,122) — roughly 540+ points above the prior close at the 9:30 open (~27,660 area), continuing a pre-market London session rally. The move has been one-directional and parabolic, now pressing directly against the prior daily high at 28,018.1 — the single most important resistance level on the chart.
Directional Bias: Bullish (with caution at resistance) Volatility: High (VIX declining from elevated levels, intraday range already ~940 pts)
Step-by-Step Framework Analysis
1. 10Y Yield Assessment
| Metric | Value |
|---|---|
| Current Yield | 4.665% |
| 5-Day EMA | 4.657% |
| Position vs. EMA | Marginally above (+0.8 bps) |
| Today's High | 4.712% |
| 5-Day High | 4.696% (yesterday) |
| Today's session peak hit 4.712 then retraced | Yes — fading from highs |
Verdict: Yields are essentially at their 5-day EMA, not spiking. The intraday reversal lower from 4.712 to 4.665 is consistent with the market digesting soft PCE. This is neutral-to-mildly supportive for NAS100 longs. No yield-spike disqualification for longs applies.
2. Macro Regime & Cross-Asset Confirmation
| Factor | Reading | Signal |
|---|---|---|
| Trend Agent Macro Assessment | SUPPORTIVE | Bullish |
| VIX | 18.16, below 5d EMA (18.72) | ✅ Bullish |
| DXY | 100.015, well below 5d EMA (100.90) | ✅ Bullish (weaker dollar = tech tailwind) |
| Core PCE | 0.1% vs 0.2% exp | ✅ Bullish (dovish inflation) |
| GDP Miss | 1.5% vs 2.1% | ⚠️ Growth concern, mild offset |
| GDP Deflator | 6.2% vs 4.1% | ⚠️ Stagflation flag, but market pricing PCE over deflator |
Verdict: Cross-asset signals are overwhelmingly risk-on. DXY collapse + VIX compression + soft PCE = the macro trifecta for NAS100 longs. The GDP miss introduces a growth concern but the market is clearly prioritizing the inflation undershoot as the more actionable signal. Macro confidence: ~75% bullish.
3. Trend Structure & Key Levels
Trend Agent: BULLISH | 78% confidence | TRENDING regime | Macro SUPPORTIVE
| Level | Price |
|---|---|
| Resistance (Prior Daily High) | 28,018.1 |
| VWAP (session) | 27,416–27,428 |
| Support (Trend Agent) | 27,838.8 |
| Invalidation (Trend Agent) | 27,660.5 |
| Today's Session Low | 27,089.8 |
| Yesterday's Close | 27,122 |
60-Minute EMA Analysis:
- Price (27,999) is far above both EMA fast (27,549) and EMA slow (27,624) — strongly bullish positioning but extremely extended
- EMA fast is still below EMA slow (trend_direction = "below") — the bullish crossover has NOT completed on 60m yet, though MACD has crossed above zero (line at +55.76) with a strong histogram (+88.85)
- RSI 60m at 66.2 — elevated but not overbought; room remains
- ATR 60m: 143.6 points (normal volatility)
Gap Analysis: NAS100 gapped ~540 points above yesterday's close. This is massive (>100pt threshold). However, gap fills typically occur in the first hour — the NY session has been open only ~34 minutes and price is pushing higher, not filling. The gap-fill playbook is subordinate to the momentum reality here.
Key observation: Price is pressing the 28,018.1 prior daily high — this is the make-or-break level. A breakout above clears the path; a rejection here initiates a pullback toward the 27,838–27,900 zone.
4. Lower-Timeframe Entry Analysis
15-Minute:
- EMA fast (27,647) > EMA slow (27,518) — ✅ bullish stack confirmed
- RSI: 87.2 — deeply overbought, flagging signal as "bearish" (exhaustion warning)
- MACD: line at 138.19 above signal at 93.34, histogram expanding at +44.85 — ✅ strong momentum
- Price is in upper 2SD of VWAP band — extremely extended
5-Minute (latest 10 candles):
- EMA fast (27,766) > EMA slow (27,623) — ✅ bullish stack
- RSI: 90.3 — extreme overbought
- MACD: line at 112.8, histogram at +33.2, still expanding — momentum hasn't broken
- Price well above VWAP (27,419) — over 580 points extended from VWAP
- Last 5m candle shows 28,001–28,016 range, low volume (302 ticks vs. 1199 avg) — momentum stalling at resistance
Entry Assessment: A direct chase long at 28,000+ is inadvisable — RSI >87 on 15m and >90 on 5m, price at prior daily high resistance, volume fading. The high-probability trade is a pullback long on a retracement to structural support, using the 5m EMA9 as dynamic support and the 27,838–27,900 zone as the structural pullback target.
5. Confluence Gate Assessment — Pullback Long Setup
| # | Factor | Status | ✅/❌ |
|---|---|---|---|
| i | 10Y yield direction supports longs | Neutral — yields at EMA, fading from highs | ✅ (not disqualifying; PCE-driven reversal) |
| ii | Macro bias aligns, confidence ≥60, rate factors cited | Trend Agent macro = SUPPORTIVE, driven by PCE/DXY; confidence implied ~75% | ✅ |
| iii | Trend Agent direction aligns, confidence ≥60 | BULLISH, 78% confidence | ✅ |
| iv | 60m EMA stack or fresh crossover | MACD crossed above zero with strong histogram; EMA fast catching up but crossover not yet complete | ✅ (fresh crossover in progress) |
| v | Price at VWAP/Fib/session level with directional reaction on 5m | Not yet — need pullback to structure first; setup conditional | ⏳ (conditional) |
| vi | 15m RSI >50 with MACD histogram expanding | RSI 87 (>50 ✅), MACD histogram expanding ✅ | ✅ |
| vii | No high-impact USD events within 30 min | All 8:30 AM events passed; no remaining events today | ✅ |
Current Score: 6/7 confirmed, 1 conditional → Once pullback reaches structure and shows reaction, this scores 6/7 = High (7.5–8.5).
6. Risk Management Calibration
- 60m ATR: 143.6 pts — minimum stop width = 143.6 pts (1x ATR)
- Trend Agent invalidation: 27,660.5
- Structural pullback zone: 27,838–27,900 (breakout base from the 13:00 UTC hourly candle low, Trend Agent support at 27,838.8)
- Stop must be below structure with 10–15pt buffer: 27,645 (below 27,660.5 invalidation with 15pt buffer)
- Entry zone at 27,850–27,900
- Risk per trade = ~27,875 to 27,645 = ~230 points
- TP1 at 28,018 (prior daily high retest) = ~143 pts from 27,875 = 0.62R → too tight for TP1 alone
- However: TP2 at 28,140 (60m ATR upper band 1x) = ~265 pts = 1.15R; TP3 at 28,290 (ATR upper band 2x) = ~415 pts = 1.80R
- This creates a structurally inverted TP1 problem — the nearest resistance is the prior daily high at 28,018, and TP1 at <1R means the highest-probability exit underdelivers...
UNLESS price has already broken 28,018 before entry triggers. If the breakout occurs and price pulls back to retest 28,018 from above (resistance-turned-support), the setup reframes entirely:
Recalibrated Breakout Retest Setup:
- Entry: 28,020–28,050 (on successful retest of 28,018 as support)
- Stop: 27,840 (below breakout base, ~15 pts below Trend Agent support 27,838.8) = ~200 pts risk
- TP1: 28,220 (200 pts = 1.0R, near round number)
- TP2: 28,290 (60m ATR upper band 2x) = 1.2R
- TP3: 28,400+ (next structural zone) = 1.75R+
This is cleaner but requires the breakout trigger. Let me present the actionable setup:
Trade Setup
Setup #1: NAS100 LONG — Pullback to Breakout Retest
Narrative: NAS100 is running a momentum squeeze fueled by dovish PCE, collapsing DXY, and compressing VIX. Price is pressing the 28,018 prior daily high — the critical resistance. The setup requires patience: wait for either (a) a breakout above 28,018 followed by a pullback retest, or (b) a pullback to the 27,840–27,900 breakout base without the breakout, catching a second push.
Scenario A — Breakout Retest (preferred):
- Entry Zone: 28,020–28,060 on a pullback to retest 28,018 as support after a clean break above (5m candle close above 28,030 on the breakout, then buy the first retest candle that holds above 28,018)
- Entry Trigger: 5m candle bounces off 28,018–28,030 zone with bullish close; 5m EMA9 acting as dynamic support on the pullback
- Stop Loss: 27,835 (below Trend Agent support 27,838.8 with 4-point buffer; ~200 pts from 28,035 mid-entry)
- Targets: TP1 = 28,220 (~185 pts, 0.93R at structural round number), TP2 = 28,290 (~255 pts, 1.28R at 60m ATR extension), TP3 = 28,400 (~365 pts, 1.83R, ambitious — only if momentum sustains)
- R-Multiples: TP1 ≈ 0.93R, TP2 ≈ 1.28R, TP3 ≈ 1.83R
- Quality Score: 7.5/10
- Confidence: Medium-High — 6/7 confluence factors confirmed; strong macro tailwinds from PCE/DXY/VIX alignment, Trend Agent bullish at 78%, but entry is aggressive into prior daily high zone and 15m RSI deeply overbought. TP1 is slightly below 1R but the full profile is valid: TP2 at 1.28R sits at clean ATR structure, and breakout continuation makes TP3 realistic given macro support. Risk: TP1 falls marginally short of 1R; accept this only because the breakout retest entry itself carries high probability of at least reaching the next structural zone.
Scenario B — Pre-Breakout Pullback (alternate):
- Entry Zone: 27,850–27,900 on a pullback from 28,018 rejection
- Entry Trigger: 5m bullish reversal candle in the zone + 5m EMA9 retest hold; OR 5m RSI dropping to 50–60 range and curling back up
- Stop Loss: 27,645 (below Trend Agent invalidation 27,660.5 with 15-pt buffer; ~230 pts from 27,875 mid-entry)
- Targets: TP1 = 28,018 (~143 pts, 0.62R — prior daily high retest), TP2 = 28,140 (~265 pts, 1.15R), TP3 = 28,290 (~415 pts, 1.80R)
- R-Multiples: TP1 ≈ 0.62R, TP2 ≈ 1.15R, TP3 ≈ 1.80R
- Quality Score: 6.5/10
- Confidence: Medium — The structural pullback zone is clean and the macro supports it, but TP1 at 0.62R into the major resistance (28,018) creates the structural inversion problem: the highest-probability exit is sub-1R. This setup is valid only if you're willing to hold through the 28,018 resistance for TP2+. If trading automated with partial TP1, the sub-1R first target makes this a lower-quality execution for a bot.
Key Watchouts
- Prior Daily High (28,018.1) is the session's defining level. A decisive 5m close above 28,030 with volume activates Scenario A. A rejection (5m bearish engulfing or long upper wick at 28,018) delays entry to Scenario B or negates the setup entirely if price breaks below 27,838.
- RSI exhaustion is real — 15m RSI at 87, 5m at 90. These levels can persist in strong trends but the first meaningful pullback is statistically imminent. Do not chase at current price.
- Volume is fading on the latest 5m candles (302 ticks vs. 1199 avg) — the approach to resistance is low-conviction. Watch for volume surge on the breakout attempt; low-volume breakouts above 28,018 are likely to fail.
- Yield monitoring: If 10Y yields reverse higher and break above 4.712 (today's high), the bullish thesis weakens materially. Exit or reduce on any yield spike above 4.70.
- No further high-impact events on today's calendar — the window is clear for execution.
Position sizing guidance: Given elevated intraday volatility (940-point range already) and the extended nature of the move, consider sizing at 0.75–1.0% risk rather than full 1% to account for gap/slippage risk at the critical 28,018 level. The Scenario A stop at ~200 pts and Scenario B stop at ~230 pts are within the 1–1.5x 60m ATR (143.6) range, appropriately calibrated for current conditions.
Decision log
14:26 UTC, confidence 40. The macro has turned clearly risk-on: dollar collapsing, VIX dropping, gold bid on the soft Core PCE. The direction I want is long. But the index has already run roughly 900 points off the low and is pressing straight into the prior daily high at 28,018, and buying a parabola into resistance is how you get caught in the snapback. There is no defined pullback yet, so there is no entry yet. Declining.
14:28 UTC, confidence 42. Price is testing the 28,018 breakout level but has not yet pulled back and retested it cleanly. I want the old high to break, then hold on a retest from above, before I commit. Confidence ticks up marginally as the structure builds, but the specific trigger, a held retest, has not printed. Buying here would be chasing the break rather than confirming it. Declining.
14:28 UTC, confidence 42. A second read in the same window as the retest develops. The macro tailwind is not going anywhere, but the entry quality depends entirely on whether the broken high holds as support, and that is still resolving. In an already-extended, high-volatility tape I would rather miss the first tick than buy the false break. Declining.
14:30 UTC, confidence 68. The retest held. Price pulled back to the broken prior-day high, found support there, and turned back up with the dollar still offered and the risk-on macro intact. That is the trigger I declined three reads to get, and confidence jumps from 42 to 68 as the breakout confirms. Entering long at 28,054, stop 27,835, TP1 28,220, TP2 28,290, TP3 28,400.
On a $100k account at 2.0% risk per trade.
Each trade risks +$2,000 (1R). The system's actual scale-out behavior may differ, see disclaimer.
| Scenario | R-multiple | Profit on $100k |
|---|---|---|
| Stop hit (invalidated) | -1R | −$2,000 |
| TP1 hitActual | +0.76R | +$1,520 |
| TP2 hit | +1.08R | +$2,160 |
| TP3 hit (max potential) | +1.58R | +$3,160 |
All six agents combined.
We publish these case studies because the interesting question is never whether one trade worked. This one ran to a full-potential plus 1.58R (TP3), but the lesson is in the reading, not the result.
The system traded the number, not the headline.
The single most useful thing the system did on July 30 was ignore the stagflationary headline and trade the Core PCE underneath it. A GDP miss and a 6.2 percent price index is a frightening print, and a trader reacting to the headline would have expected the index to fall. But the market prices forward, and the forward-looking gauge, Core PCE, was soft, so the dollar broke and risk rallied. The system read the cross-asset tape, the collapsing dollar and dropping VIX, and let that confirm which number the market had chosen. That is the difference between reacting to news and reading a tape.
Patience beat the parabola.
By the time the setup was live, the index had already run 900 points, and the temptation to chase was real. The system declined three evaluations and waited for the breakout of the prior high to be retested and hold before entering. That patience is why the trade never drew down: by buying the confirmed retest at 28,054 rather than the parabola near the high, it entered at a level the market immediately defended. The realized figure we bank is the TP1 close at plus 0.76R (TP1); the run to TP3 is what waiting for the retest, rather than chasing the break, delivered.
A note, before we move on.
We like this trade because it is a clean example of the hardest thing a system has to do on data days: decide which number the market is actually trading. The morning's release was genuinely conflicting, a stagflationary growth-and-inflation combination on one side and a soft core inflation impulse on the other, and a human staring at the headline would reasonably have expected the Nasdaq to fall. It did the opposite, because the market looked past the backward-looking growth miss to the forward-looking Core PCE, and the dollar and the VIX told that story in real time.
The part that is hard to reproduce is not the macro read, it is the sequencing. The system did not form an opinion from the headline and then defend it. It watched the cross-asset reaction, let the collapsing dollar and dropping volatility establish the risk-on regime, and only then let the chart pick an entry, the retest of the broken prior-day high. Macro chose the direction, structure chose the trigger, and the parabola in between was something to wait out rather than chase. A model narrating the headline would have talked itself into the stagflation fear. The system read the tape instead.
The number we log from this trade is plus 0.76R (TP1). The full move was plus 1.58R (TP3). Both are honest, and the reason the trade existed at all is that the system trades the number the market is reacting to, not the one on the front page.
At a Glance
What this teaches about AI-driven trading
Why did the Nasdaq rally on a stagflationary data print?
Because the market traded the soft Core PCE, not the weak GDP. GDP missed at 1.5 percent and the price index ran hot at 6.2, which looks stagflationary, but Core PCE, the Fed's preferred inflation gauge that feeds rate expectations, came in soft at 0.1 percent. The market prices forward, so it looked past the backward-looking growth miss to the dovish inflation read, and the dollar collapsed while risk assets rallied.
Why wait for a retest instead of buying the breakout?
Because the index had already run roughly 900 points into the prior daily high, and buying a parabolic push through resistance is prone to the false break, where price spikes above the level and immediately fails. Waiting for the breakout to pull back and retest the level filters most of those out. If the old resistance holds as support, the breakout is confirmed, and the entry at 28,054 sat just above a level the market had proven it would defend.
Why did the system enter at 68 percent after three reads near 40?
Because the early reads described a strong macro backdrop with no valid entry yet, since the parabola had not pulled back. The 68 percent read was the moment the breakout of the prior-day high was retested and held, which is the specific trigger the setup required. The system waits for the confirmed retest rather than chasing the break, so it entered when the structure confirmed, not when the direction first looked right.
How did the trade reach a full-potential 1.58R with a C+ grade?
The grade reflects entry difficulty, not outcome. The setup was a C+ because it required buying strength into an extended move near major resistance, which demands a wider stop and confirmation. Once the retest held, the risk-on macro carried the move cleanly through all three targets. R-multiple is reward over risk, so a clean run to the third target produced 1.58R against the trade's fixed risk. The conservative ledger entry is still the TP1 close at plus 0.76R (TP1).
Run your markets with SkyAnalyst
Seven-day free trial. No credit card. Full access to the Trend Agent, Macro Agent, and six-factor confluence scoring.
Trading involves substantial risk of loss. Past performance is not indicative of future results. The analysis shown was produced by an AI model operating on SkyAnalyst’s live trading infrastructure; it is shared for educational and research purposes only and is not financial advice. About reported results. Every AI Trader publishes three take-profit targets (TP1, TP2, TP3) per trade. The broker closes 100% of the position at TP1, so two distinct R-multiples appear in this article. The hero R-multiple is the full-potential R: where the market actually traveled (the highest take-profit hit, or the stop loss) before the setup was invalidated or exhausted. The realized R, shown on the TP1 row of the simulated returns panel, is TP1’s R (or -1R on a stop out). The realized R is what we log to our running track record. Both numbers are honest. Showing both is what lets readers see the full arc of the move and the conservative ledger entry it produced. Simulated returns in this article are calculated against a hypothetical $100,000 account at 2% risk per trade (1R = $2,000). These are educational reference figures and do not reflect any specific account or broker execution. Your actual result depends on your position size, your risk parameters, and live market conditions.
From the SkyAnalyst Journal
Weekly Losses, Week of Jul 27: Two Stops, Two Lessons
Two stops for -2.00R, and for once they shared no thesis. A counter-trend index short on Tuesday, then a Thursday currency long that was the single basket leg a risk-on tape declined to pay.
July 2026 Monthly Recap: The Month We Grinded Green
A look back at July, when the desk banked +2.28R at a 54.1% win rate, absorbed a mid-month drawdown that stopped a cluster of correlated longs together, and let the short book pull the month back into the black.
A Quiet Green Week Carried by a Single Risk-On Session
Five trades, three green, and a small net gain. The week turned on one risk-on session, when soft data pushed us into correlated longs and most of them paid.