SNOWdeterioratinghightransition 2026-05-11negative confirmation
SNOW: Bearish thesis validated — disagreement resolved to the downside
disagreement→negative confirmation· 4d in prior
After 4d of DISAGREEMENT, price broke down. Negative narrative confirmed: Data cloud growth narrative stalling
watchNEG_CONFIRMATION held ≥3d is structural bearish. Watch for potential T7 reversal.
historyHistorical SNB→MWT: -1.06pp avg, n=18
SNOWimprovinghightransition 2026-05-07disagreement
SNOW: Bearish thesis challenged — price recovering against negative narrative
negative confirmation→disagreement· 10d in prior
After 10d of NEG_CONFIRMATION, price began recovering. Bears may be losing grip: Data cloud growth narrative stalling
watchIf narr stays high (negative) and price holds, this may be a short-squeeze dynamic.