Momentum trading is poised to conclude 2024 as its best year in at least two decades, with some sources indicating it may be the best year in history based on data dating back to 2002. However, recent downturns, particularly in the technology sector, have raised concerns about the sustainability of this trading strategy. Analysts suggest that the significant gains experienced throughout the year may be reaching their limits, highlighting potential vulnerabilities in the momentum trade as it faces increasing pressures.