Markets steadied. Equities surged. Volatility collapsed.
But the trend-following landscape remains murky. This wasn’t momentum—it was rotation.

SG Trend Index Performance:
• MTD: -5.72% (vs. -5.86% last week)
• YTD: -10.11% (vs. -10.25% last week)
Two weeks of gains helped ease pressure—but the drawdown persists.

TTU Trend Barometer:
• Held at 50% — Neutral
• 10-day rate-of-change: Turning slightly positive
The environment is stabilizing, not surging. Trends are forming—slowly.

Key Market Highlights:
• Cocoa: +13.56% – Softs remain in breakout mode
• Nasdaq 100: +6.39% – Tech leads the equity charge
• Coffee: +7.09% – Momentum in softs broadens
• VIX: -12.08% – Volatility collapsed again
• Natural Gas: -6.76% – Still a whipsaw machine
• Orange Juice: -13.27% – A violent reversal after last week’s surge

Trend-Following Insight:
The storm passed. But the sky is still thick with fog.
Some systems thrived in softs and equities. Others lagged as commodity leadership rotated.

There’s no clear regime yet—just evolving fragments of opportunity.

Full Report Available
This week’s full edition includes:
• Asset class breakdowns
• Trend strength visuals
• Top movers
• Portfolio observations and final reflections

Click here to read the full report!

Stay reactive. Stay resilient. The next trend is always forming.