Markets don’t whisper during turning points—they roar. This week, they roared all at once.

Global futures markets were hit with a violent shakeout that spared almost nothing. Equities collapsed, metals got crushed, and energy—until recently a beacon of strength—buckled under liquidation pressure. Even gold, long a safe-haven stalwart, couldn’t hold its ground. In contrast, the VIX surged over 55%, reminding us all what a true volatility shock feels like.

In our latest “This Week in Trend” report, we unpack the sudden reversal across asset classes, assess what it means for systematic strategies, and reflect on the nature of fragility in diversified portfolios.

This week, we also introduce a structural shift in the report. Rather than spotlighting individual bull and bear performers, we now offer a trend-follower’s macro perspective—capturing how cross-asset correlation shocks impact real-world portfolios, not just single names.

Key questions we explore:

• Why did trend conditions appear to improve midweek only to collapse by Friday?
• What does a 55% spike in volatility mean for systematic strategies going forward?
• How did portfolio-level correlations amplify drawdowns across trend models?
• Is this a regime shift—or just another storm to survive?

We break it down, sector by sector, with clarity and context—not predictions.

If you’re a trend-follower, allocator, or simply a market observer looking to make sense of the current chaos, this week’s report is essential reading.

Read the full report here