Hi Traders!
Since the last economic downturn in 2008 we have seen considerable strength with only two shallow consolidation periods, the first in 2011 providing a breakeven year and 2015 with a little less than a -1% consolidation.
December has seen price sharply fall which is likely to confirm the largest correction since the -38.47% corrective period in 2008.
Are we witnessing the next financial downturn?