Monthly Results – May 2020

Posted May 29th, 2020 by Trendfinder and filed in Results - Monthly

The day trading systems had a poor month due to choppy intraday action. The swing systems had some very large wins.

The Fed has been tapering their purchases of treasuries. If this continues then the market will likely continue to be vulnerable to volatile price action. However, if the stock market starts moving down, the Fed will likely start increasing their purchases again. With the multitude of market moving headlines every day, the market will probably continue to have volatility…unless traders and investors become numb to all this. In that case, the bull move and slow reduction in volatility will continue.

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