The Next Financial Crash
Hi Traders!
Since the last economic downturn in 2008 we have seen considerable strength with only two shallow consolidation periods, the first in 2011 providing a breakeven year and 2015 with a little less than a -1% consolidation.
December has seen price sharply fall which is likely to confirm the largest correction since the -38.47% corrective period in 2008.
Are we witnessing the next financial downturn?
Since the last economic downturn in 2008 we have seen considerable strength with only two shallow consolidation periods, the first in 2011 providing a breakeven year and 2015 with a little less than a -1% consolidation.
December has seen price sharply fall which is likely to confirm the largest correction since the -38.47% corrective period in 2008.
Are we witnessing the next financial downturn?
Not
The 2018 support level at $2,600 has now been broken.There is no clean horizontal support until price enters the $2,400 zone.
Feragatname
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