Meta Strategy Trading Portfolio – Probability Map Update.

– Positioning Update Tuesday –

Rotation Continues

In contrast to many previous cases over the last years, the leadership rotation towards the broad market is showing some legs with the Russell 2000 outperforming the S&P 500 for eleven consecutive days.

The current bull market continues to broaden out, which improves market breadth – a favorable sign for future returns.

While a typical midterm-January, range-bound market may well continue, widespread momentum is returning underneath the surface after a consolidation phase.