Wk39 MacroTechnicals

I will be tweaking the format of my weekly notes - ditching the all-inclusive weekly trading journal style, instead focusing more intensely on just a few macro and technical discussions, as well as some mid-week articles should there be some analysis or new trading ideas worth sharing.

This week, I unpack a major macro thesis put forward by Vincent Deluard on the latest blockworks podcast - I get very excited about a bigger picture macro thesis especially when it complements or extends upon some of my short-term views, and also as it allows me to employ a trade management technique (which I detail below as well as covered in the Wk10 note) that has been so explosively profitable should these view prove right. I'll also show why US equity markets are showing considerable signs of weakness despite last week's rebound making all the index charts looking very bullish again,