This POWERFUL Indicator Predicted The Last Seven Recessions!
This simple but elegant indicator is nothing but the ISM Manufacturing Index represented with a baseline of 45. Once the ISM line breaches the baseline it indicates a recession is guaranteed if not already under way.
This indicator has perfectly predicted the last seven recessions and is currently trending down towards the baseline as we speak. Like, share and save this indicator so you can check in on it regularly as it could cross below the baseline within a matter of months or even weeks from now.
This is just one indicator that sits along side the multitude of other recession indicators I have posted recently that all point towards a recession beginning late this year, check them out!
Not Financial Advice
This indicator has perfectly predicted the last seven recessions and is currently trending down towards the baseline as we speak. Like, share and save this indicator so you can check in on it regularly as it could cross below the baseline within a matter of months or even weeks from now.
This is just one indicator that sits along side the multitude of other recession indicators I have posted recently that all point towards a recession beginning late this year, check them out!
Not Financial Advice
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Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.