This Week in Trend – 21 June 2024 : No Wind About and No Trend in Sight

Trend followers are currently in the doldrums, with the Trend Barometer dipping from 30 to 23, indicating weaker market conditions and the SG Trend Index falling by -2.98%, reflecting a challenging environment with few trends to capitalize on.

Despite some significant market movements, such as a 4.6% surge in gasoline prices and a 3.93% rise in platinum, the overall lack of consistent trends underscores the difficulties faced by traders.

Read the full article for a comprehensive analysis of what US Futures prices are doing and how it is affecting the “Sailors of Trend”

Click on the link to view the report.

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