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How markets work · CHAPTER 5 OF 7

~5 min read ·

Market regimes

Markets do not behave the same way all the time. Sometimes they creep calmly in one direction for months, sometimes they swing aimlessly in a range for weeks, and then come a few days when everything falls at once. These longer moods are called regimes, and they are the most important things nobody can forecast.

Recognising a regime afterwards is easy. Recognising one as it begins is not — which is precisely why we build no promises on it.

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Underlined terms lead to their glossary entry — a definition, an explanation and what the term means in KVERX. More in the glossary →

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