A trend in need is a friend indeed
Knowing what the "trend" is each day can be vital to investing
The Trend Barometer measures the percentage of markets with medium to strong trends. Just as a thermometer reading of 32 degrees Fahrenheit equates to freezing, when the Trend Barometer reads a value that is less than 40%, market trendiness begins to get “colder” or weaken. Likewise, when the Trend Barometer gets “hotter”—that is, moves above 45% — the more markets are trending.
Current Trend Environment
Overall Trend Strength = Very Weak
10-day rate-of-change = Falling moderately
(Last updated: Tuesday, May 26, 2020 6:26:48 AM)