Today’s session had that familiar feeling where everything looks strong on the surface, but entries are getting harder. A lot of names pushed higher early, especially in tech and semis, but chasing after the first move didn’t feel great.
Some stocks were already up **2–4% within the first hour**, and after that it turned into a game of either catching continuation or waiting for a pullback that never really came.
This is usually where I struggle the most. The market is clearly bullish short term, but risk/reward gets worse the later you enter.
Feels like we’re in that phase where momentum is still there, but a lot of traders are already positioned.
Are you still chasing strength in this kind of market, or mostly waiting for resets before entering?
Not financial advice.