Get started
Crypto_Flavored_Tendies

Unemployment Rate including RSI vs SP500 vs Fed Funds Rate

Civilian Unemployment Rate (FRED:UNRATE)  
Crypto_Flavored_Tendies  
FRED:UNRATE   Civilian Unemployment Rate
Chart Patterns Technical Indicators Trend Analysis unemploymentrate sp500index ffrate
2
0
chartpattern indicator trendanalysis unemploymentrate sp500index ffrate
This chart illustrates the relationship between the BLS US Unemployment Rate (UR) including the RSI for the UR, plotted against the SP500 (SPX) and the Fed Funds Rate (FFR). The data illustrates the idea that the FFR pushes the UR upward, and when the RSI for the UR trends up and crosses 50, the UR then surges upward rapidly (relatively speaking), resulting in a significant sell-off of the SPX.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.