Crude reversed, the index fell. Trend strength rose to 39%. This week, more futures markets rose and measured trend strength improved, yet trend-following returns suffered their sharpest setback in five weeks. Seventeen of 49 contracts finished higher, up from 14,...
“A trend book is long the persistence of the board, not the direction of it. When persistence goes, the losses arrive from every sector at once, and that is the cost of being paid when it returns.” About This Report...
Metals broke lower. Trend strength slipped to 39%, but trend returns recovered. Market breadth narrowed for a third consecutive week, yet trend-following returns recovered. Only 14 of 49 futures contracts finished higher, down from 19 a week earlier. The TTU...
$100 invested in January 2000 with F22, a simple rule for choosing five trend followers each year, would have grown to $2,347 by August 2026 in our simulation. The same $100 in the SG Trend Index grew to $434, in...
The Returns Catch Up August gave trend followers moves that lasted, but the returns arrived more slowly than the improving environment suggested. In September, the returns caught up. All three major trend benchmarks gained for a second consecutive month. The...
A Strong Month With Different Winners August brought gains for all seven indexes. September extended the recovery for most, but opened a much wider gap between them. Six of the seven benchmarks finished positive, led by SG Trend at +4.3%,...
How different ways of choosing trend following programs have performed over time Data through August 2026. Edition date 26 October 2026. The study uses reported returns for programs classified in NilssonHedge as Type CTA, Style Systematic and Strategy Trend Following....
Introduction Systematic trend following extended its recovery in September 2026. The benchmark of 97 reporting programs gained +3.21 percent, its second consecutive positive month, and the five-year VAMI closed at a new high. The largest weekly gain of the month...
Oil climbed, gas collapsed. Trend strength rose to 41%. This week, fewer futures markets rose, yet measured trend strength improved. Nineteen of 49 contracts finished higher, down from 22 a week earlier, while the TTU Trend Barometer climbed five percentage...
The leaders gave ground. Trend strength fell to 36%. This was a week in which several of the year’s leading advances gave ground. Fewer markets rose, the moves grew larger, and the trend environment weakened sharply. Twenty-two of 49 futures...
