This Week in Trend: “Divergence Defines the Day: Benchmarks Shine, Realities Vary”
November continues to showcase favorable conditions for trend followers, though the road has been anything but smooth for many. Our latest report dives into the mixed performance across markets, where benchmarks like the SG Trend Index reflect positive momentum, but individual results reveal a more complex reality.
Key Market Highlights:
- Natural Gas surged +10.82%, breaking out of its long-term congestion zone as colder weather forecasts and tight supply dynamics drive renewed bullish momentum.
- Coffee climbed +6.92%, with persistent supply challenges in Brazil and EU regulatory pressures creating lucrative opportunities for trend-following traders.
- Canola fell -8.40%, reverting firmly into its medium-to-long-term bearish trend and rewarding systematic short strategies.
- Lumber dropped -2.56%, challenging trend followers holding long positions as oversupply and weakening housing demand weighed on prices.
This week’s trends highlight a landscape of divergence, where some markets delivered strong, sustained trends while others faltered amid reversals and volatility. The TTU Trend Barometer settled at 45%, indicating a neutral yet cautious environment as traders navigate both opportunities and risks.
Full Report Available! Discover how trend followers are adapting to this week’s market dynamics, leveraging systematic strategies to thrive in an uneven playing field.