Everyone's glued to the gainers list today… but the context matters.
Look at the gainers list: $D, $AXS, $TLM, #IDEX, #MEME, etc., are all up 10% to 20%. On the surface, this looks bullish, but most of these gains are pullbacks, not new breakouts. This often happens when Bitcoin pauses its upward trend and liquidity shifts to small-cap stocks for fast-moving momentum trading.
AXS and TLM have already shown expanding candlestick patterns, meaning chasing the rally is very risky. If volume drops, late-buying stocks will often become exited liquidity. A wiser approach is to wait for a pullback to previous lows or intraday support levels, rather than buying after the gainers list turns positive.
Market tip: When multiple gaming stocks and small-cap stocks rise simultaneously, it's just rotation, not a new trend. Trade pullbacks… not chase the rally.
Protect your capital. Rally days test a trader's discipline more than down days.
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