Dow Jones Correlation with Unemployment Rate-Offical Calculation
This chart shows the correlation of the Dow Jones over time with the "official" Unemployment Rate here in the U.S. Its interesting at least to see how well the Unemployment rate dictates the tops and bottoms in the Dow Jones practically to a "T".
Please comment and let me know what you think of this idea...
Also, I have inverted the unemployment rate and applied the Heiken Ashi indicator to it for easier viewing and flow.
Please comment and let me know what you think of this idea...
Also, I have inverted the unemployment rate and applied the Heiken Ashi indicator to it for easier viewing and flow.
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on the way down...Catatan
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Time to get out!Catatan
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Above there are 4 recessions on our one chart. The fourth one just occurred and we are beginning it now!Catatan
February 11 I was telling folks to get out of the market. Read that comment above. I did, I pulled all of my cash out of the market on February 11th.
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.