IS IT WISE TO BE LONG TERM LONG HERE? NOBODY CAN, WITH CERTAINTY, KNOW..
The world markets are experiencing strong momentum to the upside. Contrary to the same period last year.
One of the main reasons is that this year the FED policy is supporting expansion of financial prices and higher valuations.
The world macro data for Q2 and Q3 2020 is also a bit better than expected 6 months ago.
On the other hand, we all know that this can change quicker than we can image.
The model is LONG and is likely to maintain for a few more weeks – if prices do not trade below 3100