Check your charts to verify this fact.
Total 2 with the US Purchasing Managers Index overlain.
The PMI is one of the most reliable leading indicators for assessing the state of the U.S. economy.
Previous Banana zones have coincided with the PMI above 53.
so not just when the economy is growing, but when the economy has entered humming along approaching full acceleration.
This is when most people will feel confidence and WANT to take on more risk as they are most optimistic about the future when the economy is in this state of being.
Total 2 with the US Purchasing Managers Index overlain.
The PMI is one of the most reliable leading indicators for assessing the state of the U.S. economy.
Previous Banana zones have coincided with the PMI above 53.
so not just when the economy is growing, but when the economy has entered humming along approaching full acceleration.
This is when most people will feel confidence and WANT to take on more risk as they are most optimistic about the future when the economy is in this state of being.
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
