mikestockmarket

V2 - 1 year of Non Farm Payrolls and Unemployment Data (S&P500)

SP:SPX   S&P 500 Index
668 6 6
This is my second attempt at trying to understand if there is any trade-able longer term effect of the Non Farm Payroll data release. I couldn't see much on my previous chart based on the Dollar Index             (https://www.tradingview.com/v/baiMVbkc/).

This time round I would consider the idea that good or bad news during an uptrend or downtrend can change the trend for a few days following that NFP data release.

I would probably also suggest that the dollar index             is susceptible to so many more factors than the S&P500             . The S&P500             is simply a measure of how well the top companies in America are doing and if those companies are creating more or less jobs than expected then I guess this could cause investors to pull out or pile in based on the NFP data release.
This is good chart if possible please update the chart. Very thanks
Reply
Thank you for the update.
Reply
Agreed.
Reply
Followed.
Reply
thx for the effort mike, this comparison obviously shows a much higher correlation with market reaction to expected numbers (especially NFP) than to your earlier version with US$ Index. good job !
Reply
Followed.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out