I've been looking for a signs of economic recession for the last few years. I have seen roofing companies slow down deliveries in my local area by orders of magnitude, yet the economy seemingly roared on, I saw HVAC companies in my area do layoff after layoff, yet apparently the economy roared on.
Now these companies are still churning out business just at a slower post covid rate but at some point the chicken has to come home to roost eventually.
This double top could possibly be the first warning sign.
I don't normally chart the dow, I just glance at it on google now and then but this here caught my eye.
Feel free to chime in with your thoughts on where things will be heading.
Now these companies are still churning out business just at a slower post covid rate but at some point the chicken has to come home to roost eventually.
This double top could possibly be the first warning sign.
I don't normally chart the dow, I just glance at it on google now and then but this here caught my eye.
Feel free to chime in with your thoughts on where things will be heading.
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