The aim of this idea is to build a timeless classic marking the beginning of the next leg in the economic cycle. No more, no less.
This chart is the Dow divided by the Unemployment rate of the U.S. I'm not sure if this means anything or not, but it is interesting to look at. I immediately picked out a wedge.... and a gloomy looking one too... October 2020 anyone?
Dates in the future with the greatest probability for a price high or price low
Unemployment graph since 1950. Drastic highs and lows from business layoffs spurring economic crashes. Each trough puts in motion an economic recession. A healthy economy has an unemployment rate of 4.5%. Below or above that range is considered unhealthy. We are currently in the longest unemployment decrease in history. I think currently the US economy is...
I didn't notice the purple trend line before, but it started the 2008/9 Financial Crisis. I see this as heavy resistance, if we get rejected at this trend line then for sure we will have a major economic collapse. If we bust through this resistance line then I can see the market going nuts for 5-6 more years. I tend to think we crash within the next year and a...
Why the low unemployment rate is not a safety signal
After the unemployee rate and NFP data, we are waiting for a downtrend.
AUDNZD Analyses based of the data release, and trendline breakout and retest. Kiwi $ has, the 1st quarter data release for Employment and Unemployment rate. As we know these effect the market drastically and the forecast is predicting an increase in Employment rate and a decrease in Unemployment rate which back the technical analyses I have set up.
This is a cross factor comparison between the S&P500 and the Civilian Unemplyment Rate. The latter can be used as a benchmark to anticipate the long term cyclical behavior of SPX within its market cycles. The conclusion is quite obvious. when the unemployment rate is low, a sell signal arises on SP500. When then unemployment rate is high, the index waves a buy...
No MA cross included here, just an update on current Initial claims direction. We're still ticking upward more, haven't yet received confirmation, but starting to look like we'll get some momentum in the unemployment rate. Once that gets going, it's game over for the economy. We're getting more and more updates of corporate layoffs recently, but wait on data to...
EUR/GBP is waiting to reach supply zone 0.89110 / 0.89200. With unemployment rate worse than expected, we could sell the breakout or supply zone.