Subject: Re: FRED data updated: INDPRO
Is this the Mechanical Investing board or the Emotional Investing board?

Do we give any credence to rule-based mechanical backtests or not?

You do you. There are many other economic indicators that are flashing bright red. The ones you quoted are positive, YOY, by a whisker. Wait a month, if you wish, and they’ll change. And besides, I don’t think the 200 day sma has triggered yet.