Daily trend expectations based on ranged forecasts:
Daily: Negative
Weekly: Negative
Monthly: Negative
Quarterly: Positive
Annually: Marginally positive.
Forcing the data to reflect a 50% recession risk, flips the quarterly trend to negative, too.
Thus, I’m still short the market. I’m actively avoiding leveraged approaches due to the politically unpredictable environment.
Invest at your own risk.