While I must admit I do not like predicting peaks or troughs in any financial market but I do think a recession is on the horizon. If 2020 was not an election year I would be more confident that a recession will happen around June 2020. But, since 2020 is an election year I’m thinking either June 2020 or June 2021. In addition, if I was pushed further, I would say the market will have a 15% – 20% price correction during this possible recession.
There are three reports I look at specifically for this predication which I will not disclose because I have been looking at these reports for years and interpretation takes time for understanding and I would not want anyone to trade on this prediction. All I would like to say is; be careful when trading and make sure your stop loss is in place according to your trading strategy.