Headlines Screaming “Top” - Price Action Doesn’t

This week’s update at a glance

• Headlines yelling “top”: the tape shows controlled pullback and rotation, not a blow-off.
• Follow price & flows: breadth and leaders still constructive vs what we typically see at major peaks.
• Rotation vs reversal: watch where strength migrates rather than assuming trend failure.
• Process over prediction: manage risk with entries, sizing and exits while sentiment resets.

What you’ll learn

• How to separate headline noise from genuine top signals.
• The difference between healthy rotation and momentum failure.
• What usually appears near true tops (distribution, breadth deterioration).
• Practical risk controls while the market tests nerves.

The thinking shift (in plain English)

There are only two kinds of opportunities: those with a high probability of a positive outcome you can repeat, and everything else. Narrow your universe to the former and your results change — often dramatically. Simpler rules, fewer decisions, better execution.

What history shows (with important caveats)

Major tops have often formed alongside deteriorating breadth and persistent distribution, not single headline spikes. That’s context, not certainty. Selection and risk controls still matter — especially when expectations stretch.

Where I’m focused now

• Leadership & momentum: resilience in key leaders after pullbacks; watch for re-acceleration.
• Breadth & rotation: whether strength broadens or fails across sectors.
• Risk controls: staged entries, sizing discipline and predefined exits.

Important information

_{Any advice in this video is general advice only. Neither your personal objectives, financial situation or needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice. Garry Davis (AR No:317590) is an authorised representative of Primary Securities Ltd (AFSL No. 224107).}

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