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Treasury Yield Spread Effects on DOW [Wasabi Analysis]

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DJ:DJI   道琼斯工业平均指数
Hello Everyone!

I hope you have had a great journey of investment so far!

Maybe we are at a critical moment turning around.

This indicator shows the Treasury Yield Spread with its default spread of 10 Year minus 3 Month. You can also specify 10 Year minus 2 Year in the settings.

The indicator 'Wasabi Tool: Treasury Yield Spread below' can be applied to DOW index weekly or month chart as shown in the provided example.

Please see the blue vertical lines showing negative spreads
and the red vertical lines indicating positive spreads.

It's been observed that the recession starts when the spread crosses under zero and bounces back.

Does history repeat itself this time as well?

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Thanks

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