Meta Strategy Trading Portfolio – Probability Map Update.
A stock market that seesaws sideways in a mediocre price range is one of the most frustrating market environments.
In hindsight, the last dozen trading days look like an opportunity to print money, but while a range is building, every decisive move towards its boundaries feels like a potential breakout.
The current choppy market is a sign of indecision. Bear market timing is getting trickier, as it is increasingly unclear whether a surprisingly resilient economy will manage to push back a recession to late 2023.
This opens up more potential paths on the way to a final bottom.