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LONG Cycle of Software Industry (IGV)
iShares Expanded Tech-Software Sector ETF
Long
LONG Cycle of Software Industry (IGV)
By TZ_Trader
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Nov 27, 2019
6
Nov 27, 2019
Started with 2014/02/18, the cycles of software industry become more and more obvious: the cycle period is around 11 months.
From the figure, next drawdown may start at 2020/06. We can hold long positions of software/cloud stocks or ETFs before that.
Seasonality
Trend Analysis
TZ_Trader
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