Long

Melt-up in securities

Updated

Having handled the decline, the markets now seem to be on the verge of a melt-up. We are already seeing it in European securities and industrials. However, I think the risk reward is best in Nasdaq, where I think we will trade at least 15% by the end of Q3. Looking at some data, it seems that fund managers are again underinvested in equities, which limits the downside.

I would position with a tactical long in NDQ-futures. With a risk/reward of 5 - risking 10% of my capital.

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In case we print an ATH, please put stops to break even. DINGDONG

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move stops to break even now. You are welcome for the free ride to the chocolate factory

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very close to being stoppet out at break even, but we are still in

Trade closed manually

taking profit here at 19620 - seems a bit extended vs the other indices

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Dingdong

ScienceBasedTrading

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