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A webcast presentation by Martin Pring as part of the CMT Association’s Educational Web Series, originally recorded on May 9th, 2012. The business cycle is nothing more than a set series of chronological sequences. The six turning points in primary trends of stocks, bonds and commodities are part of this sequence and provide us with the Six Stages of the business cycle. The presentation will elucidate on this concept and explain how technical analysis can help us pin-point individual stages and how to use this approach for optimizing the asset allocation