Markets were range-bound today, but under the surface the AI/data-center/power complex hit peak narrative. We saw it in OKLO and IREN: vertical ramps into headlines, then gaps down and drift toward anchored VWAP/EMA “magnet” zones. That’s textbook narrative exhaustion—when new catalysts stop generating new highs.
Even NVDA’s Aug-27 blowout didn’t trend; …
