Is There a Correlation?

This week, we saw a lot of correlation after the event. But this time around things are maybe a little bit different because I think the theme has been one theme and that's inflation. That's been the theme that all the trends kind of have reacted to. And now energy markets kind of interesting, right? Because they sold off. Anyway, big reversal, completely normal. We'll see how it all plays out. My trend barometer was getting weaker during the week actually already. It finished the week at 30, which is weak. So it's not surprising that we would expect trend followers to be down for the month.

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