Coming next
If you have followed us on US markets, you have made money on many long/short positions (see previous posts). Time to get out and observe.
If you were inside the european markets too early, you have found on this blog the correct analysis to get out with no pain. Then, just stay aside for the moment.
Probably in 1 or 2 days, we will adapt our strategy, right now neutral with a positive biais for next week… Then, on short term (1 week): moderate positive biais, with sideway trading opportunities (CAC40 between 4700 && 5100 pts). On longer term: I am negative on stock indices. For example, I expect a pull back to lower lows on CAC40 around 4300 pts.