


steveonisto
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since Jun 11, 2020
beyondta
chartpattern
economiccycle
trendanalysis
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A clear pattern descending within the channel. Expect until broken.
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Great look at historical timing of business vs. market cycle. Based on history, there is a lag from the beginning of breaching the yield curve to when unemployment and thus the economy starts to decline.
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Trade gold... wait for bounce off bottom of channel at around 1760. Watch for RSI oversold and confirmed MACD crossover. Also, a bump on volume will help confirm strength of trend.
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