I apologize for my last chart as I did it from a cell phone. Here we can see a clear sign of a Bear Ribbon/Pennant forming to indicate a continued trend. Usually pointing to halfway through a drop.
With the FED finally lowering its balance sheet, China's Economy is now mainstream news, Global Bond Yield surging, S&Ps report on the economy, and it's still getting worse. We are in a recession!
Risk Off. Recommend a study on Commodities.
(Sorry about the Scaling on the chart.)
With the FED finally lowering its balance sheet, China's Economy is now mainstream news, Global Bond Yield surging, S&Ps report on the economy, and it's still getting worse. We are in a recession!
Risk Off. Recommend a study on Commodities.
(Sorry about the Scaling on the chart.)