INTERNAL STRATEGY MEMO: Thermal Authorship & Alpha Localization
Overview:
Over the last 24 hours, market structure exhibited a rare compression-release dynamic, where maximum price displacement emerged from the shortest temporal window and the lowest participation nodes. This memo outlines how authorship concentrated thermally between the Aug 7 3:35 PM ET low and the Aug 8 12:14 PM ET high, forming a corridor of stru…



