Meta Strategy Trading Portfolio – Probability Map Update.

Signs of an OpEx Turnaround

The pattern has changed.

Last week, the usual Friday morning strength was met by a turnaround that led to the S&P 500 giving back all the week’s gains in just a few hours.

To me this is a sign of a distribution phase coming to an end.

With a quarterly OpEx week beginning, I now look for a break in the short-term uptrend indicating the start of a correction.