Early Warning System Update for the month ending August 2023

 An Early Warning System is a system which allows one to know in advance of upcoming events with its severity that is on its way, and informs how anyone can act to minimize the impending impacts. 

After January 2008 markets fall, I had analyzed the monthly data of preceding six months (July 2007 to December 2007) of various asset classes to know if it was possible to know in advance of upcoming market falls. I make sure at the end of every calendar month to analyze, how does the preceding six months picture look like? especially when everyone is also talking of if and when the recession is expected?
My analysis from March 2023 to August 2023 shows 19% similarity compared to 100% at the time of July 2007 to December 2007. As of now most of the world stock markets are moving forward, It needs to be seen if this 19% similarity points towards mild correction or not?

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