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March 4, 2024

The Unmissable Power of Power Trends

Hey, it’s Ross Givens here with the Chart of the Day. In the past two years, the market has trended only about 30% of the time, spending the rest in downturns or sideways movement. Currently, we find ourselves in a ‘Power Trend.’ Analyzing the S&P 500 index over 104 weeks, only 27 met the criteria for sustained uptrends. As highlighted in the yellow boxes, specific conditions indicate a Power Trend, and right now, we’re in one. In today’s Insight of the Day, I delve into why, during these trends, we should be accelerating our strategies rather than holding back.

March 4, 2024 No Comments

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