Next Day Prep #282: The Cautious Paradox: Why Momentum Died and Reversals Fired – Monday 6/22/2026
From Next Day Prep by WaveRider: Where Traders Prep for Tomorrow’s Moves
June 22, 2026 · 5 min
About this episode
The episode discusses the market's cautious stance amidst a tech crash, analyzing the failure of momentum signals and the success of reversal strategies.
Despite a massive crash in mega-cap tech, the market regime held firm as ‘Cautious’ due to defensive rotation masking the damage. We analyze why continuation signals failed while reversal strategies succeeded, and outline the critical playbook for tomorrow’s session centered on Micron earnings. The post Next Day Prep #282: The Cautious Paradox: Why Momentum Died and Reversals Fired – Monday 6/22/2026 first appeared on WaveRider Reads: Trading Books Unpacked.