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Looking for an entry point for a trade? This chart would suggest that [i] a long position could work well [ii] purchased on the next move lower beneath yesterday’s low.

90-percent-down-day

Of course that means buying long into Septaper, numerous indications of lower prices, debt ceiling, and potential war.

War [usually] takes us higher, the military-industrial complex, debt ceiling, been there done that, Septaper, interest rates should normalise across the curve once ‘stuff’ settles down, so why not go long.

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