First post of, hopefully, many. My overall strategic guidelines are below and will constantly evolve. For this post, we will analyze the potential Bear trend confirmation on the XBTUSD: Kraken Monthly chart. Look at the chart closely, and follow the notes/comments/bullets that are below. The TL:DR projection is in bold
LWC: Location SuperCycle4E (SC4E) -...
SPDR® Barclays Long Term Corporate Bond ETF (LWC) fell out from 1-st standard deviations of quarterly (66-day) and 1-year (264 day) means, thus entering a full-blown downtrend.
This scenario is only cancelled if price gets back within 1-st standard deviation from 1-year mean (above 38.7)
Traders can take short positions off 1st standard deviations from quarterly...