Theme Cycles
What is peaking as a theme in price action and what is troughing — the vol-adjusted trend (vnorm, 3M) of each theme's equal-weight basket across the full price history, every theme on one time axis.
What is peaking as a theme in price action and what is troughing — the vol-adjusted trend (vnorm, 3M) of each theme's equal-weight basket across the full price history, every theme on one time axis.