The Reality of Trend Following a Full Cycle

If you're in a bull market, anything that's in a downtrend is probably going to be up as well. But if you look at all of the upt trends across the one through five, 56% of them are in the money. And then when you do the same analysis on the downside, negative one through negative 5, 94% of the stocks that are in a downward trend have gone down since they broke the level. So it's really about understanding and truly understanding what we're doing and what it's going to get us back to. Volatility by the way is an overbought long-term fundamentally driven downtrend.