From 10-8-2019 CNBC Article
The father of the yield curve indicator says now is the time to prepare for a recession.
The yield for the 3-month Treasury has been above the 10-year since May, a condition known as an inverted yield curve that has predicted the past seven recessions.
“This is the time where you need to reflect upon your strategy."
I am in the middle of reading this book and decided to put it all together on a chart to visualize every cycle at the same time and share it with you.
I see now why the 1929 crash was so devastating, all waves were pointing downward.
A perfect "Buy When There's Blood In The Streets" opportunity? I mean what's going to happen. Residential, commercial, industrial, and agricultural customers in Northern and Central California will no longer be using electricity and natural gas?
With all the bullish news about Bitcoin during this long bear trend including institutional players setting up trading platforms and instruments for them to jump into this market, I believe that the price of BTC will soon catch up with the news. All that is needed is a spark to ignite the next bull fire.
In the meantime, RSI is showing the same pattern from the...