When The Recession HitsI believe there will come a time in our near future where you could speak of a recession, but it won't be as a bad as such. It'll be more like a larger correction, just like the one in 2022, as you can see on the chart. Back then it had other reasons for dropping, but it's still generally the same narrative: as we are in a crab market since 2021... perhaps until 2026. And now comes another period of downwards movement with a bullish dollar. Before having a stronger economy again and a more bullish environment after 2026.
The red circle on this chart is where I would buy and load up for the future. (a combination of a double bottom and a test of the downward channel)
I think at the moment we are experiencing a bull trap. It will have to at least retest the upper bound of the channel and if it doesn't hold that and gets back in the channel it can go down to the red circle again.
Don't underestimate how much it can drop in a year. As we have seen in 2022. (also on the chart)
