Meta Strategy Trading Portfolio – Probability Map Update.
New all-time highs in sight?
Another shallow dip was bought even faster than expected. Will this catapult the S&P500 to new highs?
Yes, I think new all-time highs are likely to be reached during the FED Pause due to the powerful momentum that has been building over the last months.
However, such rallies rarely happen in a straight line. Once another major group of investors has been pulled back into the market, it is time for a period of consolidation to begin.