Weekly Tradfi Update
Models commodity call is playing out well.
Natural Gas was up 10% for the week.
Models now bullish on Crude oil too.
As mentioned in last week's update on USD.
There was a massive breakdown in the King dollar last week. There could be minor LTF pullbacks
We got the pullback. The trend is still bearish. Closing above 103 would invalidate it.
Models stock calls have been performing well. Even the new entries are up over 10%-20%.
Trends on majors are looking exhausted. Need either a price or time correction to gain momentum.
In last week's update, it was also mentioned
We need one more variable, a.k.a bonds to fall in line in order for the Macro environment to be fully in the bullish zone. There are early signs of a bullish reversal on LTF but TLT weekly closing above 104 should do it.
LTF showing promise. Waiting for HTF confirmations.
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Coming to the model positions. There have been no exits and 2 new entries.
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