This is a traders' market.

That's why a rule-based trading strategy based on the Commodity Channel Index

It is the most profitable strategy among various technical indicators Bloomberg tracks.

The strategy is simple.

It is essentially a bet on a trend reversal and against momentum.

The strategy has generated seven trades this year with a 100% success ratio.

It has had a sell signal since April 16.

Of course, past performance is no guarantee of future returns. And this week felt painful for anyone who sold stocks last week (until today)… If anything, betting on a trend reversal has been lucrative, given the volatility we are witnessing.