February Was Warning Us. Most People Missed It.
February was trying to tell us something. Not loudly. Not in a headline. It was right there in the trading data, if you knew how to read it. For weeks, our strategies had been working. Then in February, they started getting choppy. Trades that should have worked were fizzling. The setups were there but the follow-through was off. Most traders blame themselves when that happens. They assume the trade was theirs to lose. I have learned to ask a different question. When a strategy that has been working suddenly stops, that is not you. That is the market going into shock. February was telling us the market was about to break. And break it did. Beginning of March, that disgusting consolidation we had been watching for weeks finally cracked. The channel broke lower. And now here we are, talking about levels we have not seen in months, with everyone suddenly