Every other view here picks a horizon and reads the market through it. This one reads five at once, from a few weeks out to a couple of years, and shows whether they agree.

That turns a familiar question into a visible one. A move that shows up at every horizon is a different thing from one that shows up only at the shortest, and until the horizons are laid out together there is no way to tell which you are looking at.

What it actually measures

The rows are directly comparable, which is the whole construction. Each horizon is scored on a basis that means the same at three weeks as at two years, and the same on a violent market as on a quiet one.

Which rows moved matters more than what any single row says. Quick rows flipping while slow ones hold is a different picture from slow rows flipping while quick ones hold, and both occur.

The summary is which end has travelled further lately. When the short horizons lead, recent trading is what has changed; when the long ones lead, the slow measures are doing the carrying and the move has been under way for a while.

The shape says more than any row in it

Colour spreading up from the bottom row is a long trend surviving a short wobble. Colour spreading down from the top is something new starting, the quickest horizons moving before the rest.

The expensive pattern is the one that resembles the second and is not: strength at the short horizons sitting over weakness at the long ones is a bounce inside a downtrend, and it has read as a beginning on each occasion.

What it does not tell you

A turn at the short horizons is ambiguous by construction. A trend being born and a bounce that fails produce the same shape, and only the following weeks separate them.

The rows will not report before they can. A horizon needs its whole stretch of history behind it first, so the slowest ones sit empty early on instead of being filled in with a guess.

Agreement is not force. Every horizon pointing the same way says the move is consistent across timescales and says nothing about how far it will travel.

How to read it

Aligned up. The whole spectrum agrees, the strongest configuration recorded here.

Aligned down. The spectrum agrees the other way, and a rally into it is a bounce until rows start flipping.

Turning up. The fast rows have flipped and the slow ones have not, which is what both a new trend and a failed bounce look like.

Turning down. The fast rows have rolled over first, which is how trends end and also how ordinary corrections begin.

Conflicted. The market between trends, where reading momentum at any single horizon is least reliable.

Trend Spectrum belongs to the Momentum dashboard, along with Kinetics, Alpha Flow and Ratio Vector.

Common questions

What is the figure in each cell?

A score for trend strength, constructed so a short horizon and a long one sit on the same footing, and so an identical number carries an identical meaning whether the market is violent or quiet.

What do the colours spreading mean?

Colour spreading upward from the bottom is a long trend surviving a short wobble. Colour spreading downward from the top is a trend being born. Strength above weakness is a bounce inside a downtrend, and it remains the most expensive of the three to misread.

What does turning first mean?

Which end has shifted more lately. Leadership at the short end says recent trading is behind the change; leadership at the long end says the slow measures are carrying it and this has been running for a while.

Why are the top rows blank early on?

Because a horizon needs its whole stretch of history before it can say anything. Nothing is guessed at or padded to hide the emptiness.

Does full agreement mean a big move?

No. It means the move reads the same way at every timescale, which is a statement about consistency rather than about size or duration.