Banks are the key to understand early financial market problem, this time it is a combination between COVID19 and inflation as well as over due market correction. The magnification is very STRONG in nature and it will lead to a history record recession.
Back to the stock; if March 2020 did not see a good bull back, the orange line will be our only support. However, this chart might explain a problem in banking system and international trading obstacle. If bank are not backed up with enough gold and precious metal it would be a MASSIVE collapse. Depends on what the bank major investment is. If housing and mortgages then a massive collapse, if farming, medical, essential life goods then we will see an early pick up even during the recession.
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