McDonald's Monthly Forecast Sees Massive Correction Ahead
The author of a TradingView post has shared a monthly forecast for McDonald's Corporation Shs -CAD hedged- Canadian Depositary Receipt Repr Shs Reg S, also known as MCD. The trader believes that despite a recent market correction, the odds of an actual stock market crash starting in 2022 are low.
The author notes that their pattern has shown a 'strange presence' of a market fall, but suggests it could be a massive correction before a potential rebound. They emphasize that this is just a personal belief and not financial advice, urging readers to do their own due diligence.