Meta Strategy Trading Portfolio – Probability Map Update.

– Positioning Update Tuesday –

Consolidation Box Breakout

Right on cue to start the best stock season of the year, the S&P 500 closed at a new all-time high.

This is the line in the sand that signifies that the October pullback has finished and stocks are now breaking new ground.

The majority of the data over the last weeks lay out a convincing base case that extraordinarily strong momentum is taking over once more.

I recap how I built a large long position over the course of the recent pullback, as well as address potential problems and invalidation areas for this thesis.