This is by far the longest bull run we've experienced (almost 10 years and potentially could be 10+ years). The recession is imminent based off this chart and these could potentially be silent signals. Of course the news isn't going to cover this because once they do, everyone is going to start freaking out. Now, who wants the public to sell first before the big players do? One thing that the news is correct about is the fact that this next recession might be a remake of 1930 or even worse. If this bull run keeps continuing, it just means the recession is going to hit harder. The reason why I put my price target as $1400-1500 is because every recession so far, the market retraces approximately 55%-65%This chart is solely my opinion and is not intended to be financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.