Weekly TradFI Update
Models call on DXY (USD) is playing out really well.
There was a massive breakdown in the King dollar last week.
There could be minor LTF pullbacks but the trend seems firmly broken for now and Dollars looking bearish.
Major areas of interest lie in the low 90s. This should provide a major tailwind for risk-on assets and commodities.
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.
Equities have been performing amazingly well. Models bullish stance in Jan this year has paid off handsomely. Models longs have been on a tear.
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Coming to the model positions. There have been 1 exit and 2 new entries.
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