I added the RSI indicator on the U.S. PMI chart.

If this fractal is similar to 2017, this moment feels like Mar 2017. That means we might have 9 months left until the macroeconomic top. So.. 9 months later is.. Apr 2027.

If this scenario is realized, I would be happy.

For the last decade, PMI(Purchasing Managers Index) tops recorded around 56, 60 and 64.

So, conservatively, this cycle PMI might record 56.. but I hope that it will grow above 65.