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DOW JONES signals start of recession

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TVC:DJI   Dow Jones Industrial genomsnittsindex
The chart clearly shows dow jones increasing change of angles for each trend line after 2008 recession. In the most recent trendline, DOW JONES became parabolic. With the fundamentals already weak due to coronavirus and DOW JONES already testing 30000 level, It was inevitable for the market to go short. This is the beginning of recession as DOW has broken key support near 26000 level. DOW JONES will continue to short in long term and will take support near 15000-18000 level marking the end of recession. This year is bearish all around and a good place to take entry for long hold for investors and a great opportunity for traders to short the market.
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