OPEN-SOURCE SCRIPT
已更新 Recession And Bull Run Warning
This script uses 2 moving averages of Unemployment and projects a possible recession period or bull run period.
A Red Dot means a recession could've started or is coming soon - markets could possibly fall for the next few months.
A Green Dot means a bull run could begin following a recessionary period - markets could possibly rally for the next few months.
Using Unemployment to define recessionary periods has been highly accurate and has very often predicted many downturns and bull runs way before they occurred, as history suggests of course.
Have fun with this indicator!
A Red Dot means a recession could've started or is coming soon - markets could possibly fall for the next few months.
A Green Dot means a bull run could begin following a recessionary period - markets could possibly rally for the next few months.
Using Unemployment to define recessionary periods has been highly accurate and has very often predicted many downturns and bull runs way before they occurred, as history suggests of course.
Have fun with this indicator!
發行說明
Added a label which signifies the current unemployment level and the level it must reach to consistently trigger a recession or a bull run.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。