Subject: Re: Another timing indicator
Paul....If I understood it correctly ( I read the Google doc) -here's the surmise
(1) Its a July 1st switcher -because the YTD return cant be printed beforehand
The 2 overarching conditions are
(a) Inverted Yield curve in the lookback 2 year window: Y/N ( Recession horizon)
(b) Not Yr2 Pres . July-June PY2-PY3 - Hold always Y/N ( Seasonality specifically Pres Cycle)
(3) Then price checks ( ie Weakening trend)
(i) Neg Return YTD : Y/N
(ii) Price below 10M SMA which is practically eqvt to 200d SMA
Captured correctly? Hopefully someone can code this into GTR1.
Best