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LONG Cycle of Software Industry (IGV)

Long
IGV/SPY  
TZ_Trader  
IGV/SPY  
Trend Analysis Seasonality
6
0
trendanalysis seasonality
Started with 2014/02/18, the cycles of software industry become more and more obvious: the cycle period is around 11 months.

From the figure, next drawdown may start at 2020/06. We can hold long positions of software/cloud stocks or ETFs before that.
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