Meta Strategy Trading Portfolio – Probability Map Update.
Where is the market going?
There are more questions than answers, as two camps remain quite evenly matched in the current tug-of-war.
On the one hand, the convincing thesis that this bear market is not over continues to have several solid arguments to its name – this is the forest.
On the other hand, stock prices and market internals have improved considerably, which comes with positive sentiment and a distinct change in the narrative – these are the trees.
Positioning and flow analysis may shine some light into the murky waters of the current market.