Hi all,Weekly post on high frequency manufacturing data I use...

Hi all,

Weekly post on high frequency manufacturing data I use with some added mathematical formula.

So from a high on Jan 26 2022 till now it has dropped 30% , but to rationalise that and to fit it in a 100 basis point numbers it has dropped 2.8% .

The numbers are still pointing down.

So, in essence since my last post it has dropped 1.8% over the week.

Whenever it starts to go down there is a 78% probability of sustainability of a further drop. I have back tested this to 1960.

Keep up the great posts HC members. Excellent forum.

One day in the distant future , this thread will convert to a bull forum.

Cheers Kpax.