CarpeMomentum

Recession will push S&P500 down further - Bearish Stock Market

Short
SP:SPX   S&P 500 Index
Looking at historic recession losses of the S&P 500 and given the current market conditions pointing to a recession one has can derive more downward movement for the stock market.
Looking at the S&P 500 there is still a lot of room downwards to an overall 20-40% correction down into the recession from the last ATH.

--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!

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.