Trading Portfolio July 17

Meta Strategy Trading Portfolio – Probability Map Update.

Top Formation?

The million-dollar question: Are we in the midst of a multi-week top that is slowly forming between last week’s high and a potential neckline around 4330?

I’m willing to put a moderate bet on this scenario, because it is supported by yet another VVIX/SPX correlation signal, which tilts current probabilities to favor outright short exposure.

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