Playing the Short Side on SPX
General guideline for myself regarding these indicators as flags so that I can be more cautious during these build ups:
Unemployment Rate Rising > 4.6
National Financial Conditions (US Leverage) > 0.0
Yield Spread > 2
Industrial Production Consumer Goods Month Over Month Decline for 3 Consecutive Months
Real Retail and Services Month Over Month Decline for 3 Consecutive Months
New Housing Starts Month Over Month Decline for 3 Consecutive Months
China Confidence Index Last Month Decline < -3%
The current levels of these indicators are as follows:
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