Simply here is the long term Logarithmic chart of the Nasdaq futures; drawn is a channel with a distant bottom; depicting at the very least a worst case scenario.
This week the market reached the top of a descending channel that started back in January of this year, which may offer up some optimism. On the other hand bond markets everywhere are warning that a recession is further on the cards and to be expected within the next couple of years.
http://www.worldgovernmentbonds.com/inverted-yield-curves/
This week the market reached the top of a descending channel that started back in January of this year, which may offer up some optimism. On the other hand bond markets everywhere are warning that a recession is further on the cards and to be expected within the next couple of years.
http://www.worldgovernmentbonds.com/inverted-yield-curves/