The 30-day rolling returns which can be used to gauge market strength, and assess over/underheated price action.

• Values between 0% and -30% are typical negative returns during consolidation periods of relatively low volatility.
• Values below -50% often occur at cyclical bottoms, and may represent value buying areas.
• Values over 50% represent de-risking zones and are often met with profit taking.
• Values over 70% are historically high and represent high potential for a macro reversal.

Coined By

Permabull Niño