While uncertainty, doom, and gloom reigned, stock markets started to rally during the most apocalyptic, “end-of-civilisation” type of news and accelerated on a very shaky ceasefire announcement.

Astute observers are quite certain that the Iran war and its fallout are far from over, but stocks have a habit of bottoming well before the good news comes rolling in.

The market flashes mixed messages, yet our model has nearly reached a new entry threshold at the end of last week.

It now waits for a clear, confirmed entry signal that will be implemented in next month’s newsletter to avoid interim volatility and whipsaws.