I know I know just zoom out but a double top is a double top

I've been looking for a signs of economic recession for the last few years. I have seen roofing companies slow down deliveries in my local area by orders of magnitude, yet the economy seemingly roared on, I saw HVAC companies in my area do layoff after layoff, yet apparently the economy roared on.

Now these companies are still churning out business just at a slower post covid rate but at some point the chicken has to come home to roost eventually.

This double top could possibly be the first warning sign.

I don't normally chart the dow, I just glance at it on google now and then but this here caught my eye.

Feel free to chime in with your thoughts on where things will be heading.

ความคิดเห็น:

Dumpage detected