457 POINT RALLY TRADE ALERT
TRADE ALERT: SP500
IDEA: BUY (GO LONG) -
Would you BUY or SELL and WHY?
PRICE ACTION: (BREAKOUT of a Inverse Head And shoulders)
TIME FRAME: DAILY
FUNDAMENTALS:
Jobless claims are at the lowest since 1969.
I was so thrilled to read this statement from the Labour Department on Thursday.
They claimed it’s the first time the jobless claims in America reached the lowest tally since 1969.
The weekly jobless claims in the U.S came in at 214,000, which was hovering around historical low levels despite the Covid crisis and the tight labour market.
You see in February the unemployment level was 3.8% with 678,000 non-farm payrolls added
And this was just the start.
Economists now expect the March jobs report to show even better results.
They expect 460,000 jobs to be added in March and for the unemployment rate to fall to 3.7%.
DO YOU AGREE with the analysis?
Would you like to see more? If so, comment YES so we can share more trading analyses with you...
#tradingsignals #tradingalert #cryptocurrency #tradinganalysis #stockmarket #euro #eurorand #eurocurrency #forex
TRADE ALERT: SP500
IDEA: BUY (GO LONG) -
Would you BUY or SELL and WHY?
PRICE ACTION: (BREAKOUT of a Inverse Head And shoulders)
TIME FRAME: DAILY
FUNDAMENTALS:
Jobless claims are at the lowest since 1969.
I was so thrilled to read this statement from the Labour Department on Thursday.
They claimed it’s the first time the jobless claims in America reached the lowest tally since 1969.
The weekly jobless claims in the U.S came in at 214,000, which was hovering around historical low levels despite the Covid crisis and the tight labour market.
You see in February the unemployment level was 3.8% with 678,000 non-farm payrolls added
And this was just the start.
Economists now expect the March jobs report to show even better results.
They expect 460,000 jobs to be added in March and for the unemployment rate to fall to 3.7%.
DO YOU AGREE with the analysis?
Would you like to see more? If so, comment YES so we can share more trading analyses with you...
#tradingsignals #tradingalert #cryptocurrency #tradinganalysis #stockmarket #euro #eurorand #eurocurrency #forex