When I was researching MLS over a year ago, I thought that it had good potential for a short term gain, but now I am thinking in longer terms.
For me MLS is now more of a 2-5 year prospect.
There seems to be an SP cycle with the peak in Feb-March and the rest of the year spent fluctuating by a few pips, last year we spent most of it in the 0.4-0.6 range.
I am expecting this cycle to continue until we see a steady stream of good/great news.
I cannot tell the future otherwise I would be rich.
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