Good afternoon. This is the chart that everybody yelling about.
May this year price close below monthly support. Today (Aug 2019) we have a green 9 and doubts. The importance of this level is significant, but
first let's compare 1991 vs 1995 vs 2000 vs 2008 vs NOW(2019)
You can do it yourself and come to any conclusion you will, but I want you to know that since our last cycle longed for 12 years I believe our next cycle is going to long 12 years as well just like it did in 1991(5Y cycle) and 1995(5Y cycle) with the worst years of recession falling on the 2030's from this point of view. So the worst could be right upon ahead of us and still there is quite significant time we have till this recession and who knows maybe even 2012 was THE lowest low and so something going to change that trend in future since it is a 3rd time in last 3 decades(!)
Everything possible. This is not about predicting the future, this is about predicting opportunities that may come in future.
Be well, my friend!
first let's compare 1991 vs 1995 vs 2000 vs 2008 vs NOW(2019)
You can do it yourself and come to any conclusion you will, but I want you to know that since our last cycle longed for 12 years I believe our next cycle is going to long 12 years as well just like it did in 1991(5Y cycle) and 1995(5Y cycle) with the worst years of recession falling on the 2030's from this point of view. So the worst could be right upon ahead of us and still there is quite significant time we have till this recession and who knows maybe even 2012 was THE lowest low and so something going to change that trend in future since it is a 3rd time in last 3 decades(!)
Everything possible. This is not about predicting the future, this is about predicting opportunities that may come in future.
Be well, my friend!
