With everything going on in the global markets, it’s hard to stay positive about the current market analysis.
But I have to ask, are we really going to go lower, break support, and spiral into a recession?
Obviously I don’t know the answer to that question for sure, but let’s take a look at a few things.
Other than the obvious support levels that I drew on the...
Here is an example of a megaphone pattern. Notice the ascending trend line connecting the tops, and the descending trend line connecting the bottoms of price.
