Roadmap
Q1 Plan
Early January there are usually some strong flows into equities and they move higher.
Look to be long equity indices, short JPY & USD, long commodity currencies. Gold’s seasonal strength has yet to play out but it usually performs well early in the year too.
From end January to mid March there is a window for weakness to come into the equity space and that seeps into the rest of the market.
See ‘note to self’ for how I am playing this.
Make sure to take profits at the start of this period and look to sell any spikes in strength at the end of any long runs in commodity currencies; buy any final weakness in JPY.
Themes To Watch
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