This Week in Trend – 28 June 2024 : The Drought Continues
Trend followers are currently in a drought, with the Trend Barometer dipping from 23 to 20. Such low levels in the Barometer signal a particularly challenging and lackluster environment for trend-following strategies.
Despite some beneficial movements confirming current trends, the week was one of trend corrections, whipsaws and low volatility.
Read the full article for a comprehensive analysis and insights into navigating these tough times.
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