If this time is a "recession" time, this time is very different from the past two times.
In the past, whenever monthly bar drop below EMA20 and two month later 8 cross down EMA20, we did a back test EMA8 and we are going down hill. (picture A & B). D never cross down.
This time, EMA8 never get a chance to cross down below EMA20. Cause we never stay down EMA20 long enough. It looks like we have been pull out off the dumpster twice in the roll now.
So officially we are far away from using the R word. How far, at least 4 month!
So frk I am doing it all wrong
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