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brian7683

When Unemployment rate goes up, markets crash

Long
S&P 500 Index (SP:SPX)  
brian7683  
SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators
6
0
trendanalysis chartpattern indicator
The boxes show when the SPX is crashing.
The correlation is huge!
As soon as the unemployment rate bottoms and starts climbing, the SPX goes down.
Maybe we'll start creating a bottom in the unemployment rate, once that happens, start paying attention!
As soon as the rates reverses, I would say that would be a great time to sell your equities!

Market top in 2023 IMO.

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