Retail sentiment still cautious

Institutions still allocating

Markets usually climb a wall of worry

The setup is textbook. Retail sitting on the sidelines scared, institutions quietly stacking positions. This is how bull runs start — not with euphoria, but with doubt.

When everyone's bearish and smart money is flowing in, that's your signal. The wall of worry is the ladder to new highs.

Don't fade the institutions. They're not allocating for fun.