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PMI data Recession and $SPX correation

United States Chicago PMI (ECONOMICS:USCPMI)  
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ECONOMICS:USCPMI   United States Chicago PMI
Fundamental Analysis Beyond Technical Analysis Wave Analysis S&P 500 (SPX500) SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY) GDP fed stocktrading
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What is a good PMI index?
A PMI index over 50 represents growth or expansion within the manufacturing sector of the economy compared with the prior month. A reading under 50 represents contraction, and a reading at 50 indicates an equal balance between manufacturers reporting advances and declines in their business.

PMI can anticipate GDP behavior





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