Recession And Bull Run Warning

2022년 10월 8일

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!

2022년 10월 14일

릴리즈 노트

Added a label which signifies the current unemployment level and the level it must reach to consistently trigger a recession or a bull run.