In the current phase,
ST SOPR fell below 0.95,
indicating a deeper capitulation among short-term holders
compared to the first tariff shock.
Since then, SOPR has rebounded from its lows
and is now approaching the 1.0 level.
Historically,
a reclaim and hold above 1.0 following deep capitulation
has marked the end of short-term loss realization
and the transition into a recovery phase.
While SOPR has not yet clearly moved above 1.0,
a confirmed break and sustained hold above this level
remains the key validation point for short-term trend recovery.
Written by miracle yoon
