TradFi Update

Old readers would remember that we went bearish on bonds earlier this year when the majority of the experts were convinced that the rate hike cycle was behind us.

One big change models picked up is its exit from BOND position TLT. It would be interesting to see how it plays out. The mainstream narrative is that FED is done with the rate hikes, but then why are markets not bidding TLT?

Now models picking up early signs of bottoming in the bond markets and exhaustion in the US dollar.

Both of these, if confirmed should bode well for Risk-On Assets.

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Coming to the model positions, there have been 4 exits and 2 entries

NOTE: Trend formation is in the early stages, so it would make sense to scale into positions as you get confirmations.

W3Q has published a How-To guide for those interested in learning how to best use the model insights. Check it out.

Position	Status	Invalidation Level
SPX	Long	4330
NDX	Long	14530
	ETFs
XLE	Long	85
	Commodities
USOIL	Long	77
	Stocks
AAPL	Long	170
LULU	Long	350
RBA	Long	55.5
PINS	Long	25
	Entries
AMZN	Long	125
GOOGL	Long	126
	Exits
MTCH	Exit
XP	Exit
KWEB	Exit
XME	Exit

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** Web3Quant is not registered with any financial regulatory agencies. Web3Quant is purely a research publishing firm that provides no personalized financial advice. Do your own research and consult your financial advisor.**