I am even NOT hedged at the very moment, but underweight and with defensive tilt.
This should be considered very carefully, but most likely we may be past the "Discovery" phase and going for the "Slogan", according to Memetics Model by Market Semiotics. Click to enlarge.
The most likely scenario now assumes 4-5% correction, and euphoric buying afterwards. However, last 2 weeks have been more bullish than assumed previously...
Just note, how quickly we came from anomalous realm ...
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