We are in an era of volatility, and only traders will prosper. Buy and hold will do well in the long-term, meaning if your outlook is decades. But right now, we will have periods of sharp drops followed by sharp rallies. The drops will only get bigger from here on out and the rallies as well. This is because of the changing degrees of the cycles and the completion of ever increasing degrees of waves 3 and 4. We completed a primary degree cycle 3 in Feb 2018 this was followed by primary degree cycle 4 completed in March 2018. cycle degree 3 was completed in Oct of 2018 this was followed by cycle degree 4 completed recently in March 2020. Now we are set to complete Supercycle 3 in 2021, this will be followed by a massive ABC correction to complete Supercycle 4 that will last the whole decade.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.