Inspired by the analysis of @pkcap, all mistakes are my own
Chart shows the relationship between the NAS100 index ( futures ) and unemployment. Note the pop in unemployment due to covid lock down.
Will the index fall? Can it be propped up by the Fed until elections?
Thanks again to @pkcap for sharing his idea.
Great chart. Might also want to take a look at the relationship between the markets, unemployment, bond yields, as well as technical indicators (ATR, Williams %R). It's quite interesting...to say the least.