PROTECTED SOURCE SCRIPT

Global M2 YoY Buy Signal

3 069
This indicator looks at the YOY change of global M2 (the money supply). M2 YOY change helps us understand the global liquidity cycle.

Global M2 is calculated by adding individual country M2 values (21 components)

- ECONOMICS:EUM2
- ECONOMICS:USM2
- ECONOMICS:CAM2
- ECONOMICS:CHM2
- ECONOMICS:GBM2
- ECONOMICS:FIM2
- ECONOMICS:RUM2
- ECONOMICS:NZM2
- ECONOMICS:CNM2
- ECONOMICS:TWM2
- ECONOMICS:HKM2
- ECONOMICS:INM2
- ECONOMICS:JPM2
- ECONOMICS:PHM2
- ECONOMICS:SGM2
- ECONOMICS:BRM2
- ECONOMICS:COM2
- ECONOMICS:MXM2
- ECONOMICS:AEM2
- ECONOMICS:TRM2
- ECONOMICS:ZAM2

The year on year change is measured. When a negative year on year change becomes a positive, a buy signal is created and indicated on the chart.

Traditionally, risk on assets, especially Crypto, see their bottom at the end of a cycle, very close to this money supply pivot.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.