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As with most of my posts, I’ll start with the small print first. I don’t know for sure what is going to happen in the next month, but I am preparing my positions and watching these particular levels for a quick drop in the next week or two. While I have heard about September being a bearish month, the strength of this move down, and even the close on Friday, now portends a lower target during the month of October.
With the exception of Canada, diamonds seem to have a fondness for hiding in the soil of the world’s most corrupt and dangerous countries.
There sure are a lot more indicators NFTRH uses to gauge the macro, but these three will suffice for the point of this article, which is that change is coming and the nature of that change could not be more different in its two potentials.
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