Meta Strategy Trading Portfolio – Probability Map Update.

180 Degrees

Going into the last inning of the year one thing is certain: We have come a long way since October!

A pivotal market reversal was fueled by short positions and triggered a cascade of exceptional breadth thrusts, as even weak market segments were propelled upwards without looking back.

This presents us with highly bullish sentiment today: Bubbling enthusiasm is greeting Santa Claus.

The beginning of the new year could soon offer entry opportunities for long positions, as the likelihood of a near-term pullback that alleviates current over-bought conditions continues to rise.

A consolidation period is most likely to transition the market from its current explosive rally into a slow-and-steady uptrend.