Trading Portfolio September 1

Meta Strategy Trading Portfolio – Probability Map Update.

–Tuesday Positioning Update –

Wake Me Up When September Comes

The month has not even started and it’s already promising to be an interesting one.

During the mild decline at the end of last week, the SPX/VVIX 5-day correlation flashed a very strong alert.

This may foreshadow a distinct change in the tone of the market over the weeks to come.

At the same time, gold started a breakout attempt, while crypto is breaking down from its recent highs – the correlated Nasdaq failed to make new all-time high and is the first index to watch for a potential lower low.

All this is happening in the months of peak seasonal weakness.