Market Makers, formerly known as Specialists, and bankers leave nothing to chance. Structures repeat based on the needs of Exchange Insiders. Tariffs in 2025 were the perfect motive to repeat previous structures from 2018 and 1928-1929. In both cases a rally followed ultimately leading to a significant market collapse. It looks like 2025–2026 will be no exception. Optimism will prevail as markets move higher.
“One can trade on the knowledge that the Exchange operates according to the principle “the best way to control history is to shape it yourself.”
Richard Ney, Making it in the Market, 1975, page 258
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of StockCharts.com.
