When the trend that carries an expansive rally breaks- my baseline bias becomes (in order of expectation): 1) a consolidation (range) 2) a reversal/downtrend 3) a reclaim into continuation Nuance obviously needed based on environment. Ex. Order of expectancy shifts in risk-on environments where reclaim/cont. moves to most likely scenario. When in doubt. Default to the above. It's saved me a lot of money (and stress).

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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