A Trend Following Trend Line

It’s always great to hear from readers of the blog and our newsletters with comments – and even better when they send charts!! Enter the following chart from Mike Melissinos at Melissinos Trading following our most recent ‘Generational Low’ newsletter, showing there’s some trend line support at these levels as well…

 Barclay Systematic Traders Index
(Disclaimer: past performance is not necessarily indicative of future results)

Of course… the index has 50 times the number of CTAs it did back in the 80’s and 90’s, and there’s no trend lines we know of that extend upwards forever… But nonetheless it’s an interesting look.

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