Meta Strategy Trading Portfolio – Probability Map Update.

Mini Slingshot

After a fast whipsaw between calm and volatile market environments, our task is to puzzle out the current position of financial markets in regards to their most probable path forward.

Two main ideas stand out for me:

a) The Mini Slingshot
b) Market Regime Ping Pong

The most recent market studies are clearly shifting the outlook in favor of scenario a). Momentum and breadth thrusts led by technology and supported by rising earnings estimates speak a clear, bullish language.