A possible entry chance for long-term investing in ETF's.What you see on this Chart:
Symbol: ACWI
As you can see i drew 3 lines red, blue and green on my chart.
These lines are the linear regression of the couple last years.
Please note that this is a lograrithmic chart view, this is very important, because for longer term views on charts, the logarithmic chart helps to view the big picture more accurate.
The other lines you can see are my Buy and Hold entry indicator, this one is slightly diffrent, because i programmed it so it can also draw the invert line in red additionally.
As we can see, the indicator shows green arrows, which means this could be an entry chance for us. To see how this indicator works visit my profil and read the description.
The current price also is now on/close to the blue regression line. Which basically means it's now on a average price level where it should be, according to the last years.
In the past it was always good to buy at the blue mark to not miss any performance.
The green line was mostlikely always a no-brainer to buy.
*We may not now what the future stock market holds for us, but as of now and as long as the current stock market system and world economy is not turning 180 degree on us,*
i believing that this could be a good opportunity to start getting into the market.
Sincerely,
Embit0one.
