Meta Strategy Trading Portfolio – Probability Map Update.

Anticipatory Positioning meets Self-fulfilling Prophecy

September historically is the weakest month of the year, yet everybody knows that.

Such well-telegraphed anticipation of weakness didn’t seem to matter much, as stocks began to sell off straight away during the first trading day of the month, giving back roughly half of the August rally.

Last week’s price action was a belated aftershock to the vol spike of August 5th that is most likely to form a solid higher low considering supportive market breadth, positive breadth thrusts, as well as volatility collapse signals in recent weeks.