“Golf is deceptively simple and endlessly complicated; it satisfies the soul and frustrates the intellect. It is at the same time rewarding and maddening – and it is without a doubt the greatest game mankind has ever invented.” – Arnold Palmer
For newer readers, it’s always worth catching up on our Trading Reflections post.
As we have been reviewing and discussing for some time now, no change in our bigger picture outlook as we head into ECB. we would continue to keep a very close eye on action in RTY and FANG as these are key reference charts for our longer terms plays.
This week we will continue to focus on the current context along with the risk of ECB and FOMC under delivering on the lofty expectations the markets have placed on them. For reference, see recent action on AUD and CAD following recent RBA and BOC meetings. A lot of opportunity from here, through FOMC and into OpEx…
For some context, hereafter are the latest updated figures for the BTOP50 Index as well as some of the CTA and Hedge Fund Indices:
