Yes, and equities also tend to trend UP. Like 95% of the time. If equities are trending down, that is a temporary situation. The first time I ever made a large bet was in September. I wish I wouldn't have placed it. I bet against the economy because I had lots of things that I thought were telling me that a recession was upcoming. (which it still might be, actually). So I had some cash sitting around and I guessed that it would be worth more if I put it in these funds (3x gold and 3x bonds) until I needed it. I was wrong. I learned from this to NEVER BET AGAINST THE ECONOMY. Even if you manage to time everything right, I probably would have missed all kinds of money on the upswing. The economy will always go up over time.
Desired outcome. Or a loss. Or being stuck in the position longer than you wanted and thus dealing with opportunity cost of having that money tied up.
To clarify, I call Technical Indicators stuff you normally calculate with a computer, like MACD, RSI, Bollinger Bands etc. Versus Classical charting techniques which are those you can see graphically and hand draw on a chart: Trends, Trend Lines, Price levels, EW, pattern analysis, time analysis etc. You'll find your way there when you are ready. Or you won't
What way where? I'm looking for a system based on mathematics to tell me if it's more likely a good time to buy or sell. Something like this...