This Week in Trend – 31 July 2024: “Is it Olympic Gold for Trend Followers this Week?!”
Trend Followers Sprint to the Finish Line in a Volatile Week
Are you ready to dive into the latest market dynamics? This week’s report, “Is it Olympic Gold for Trend Followers this Week?!”, is now live, and it’s packed with insights that you won’t want to miss.
Key Highlights:
- Discover how the TTU Trend Barometer’s improvement to 48 and the SG Trend Index’s slight recovery to -2.35% MTD signal potential opportunities for trend followers.
- Uncover the factors behind the sharp 6.87% decline in the VIX Index and what it means for market stability and investor sentiment.
- Get the inside scoop on major asset class movements, including sugar’s 6.20% surge and the Russell 2000’s continued bullish run with a 2.70% increase.
This week’s report paints a vivid picture of the markets as an Olympic race, highlighting the strategies trend followers need to stay ahead. From the strong start to the mid-week hurdles and the final sprint, we break down the critical movements and what they mean for your trading strategies.
Don’t miss out on this essential read! Dive into the full article now and equip yourself with the insights needed to navigate this dynamic market landscape effectively.