V2 - 1 year of Non Farm Payrolls and Unemployment Data (S&P500)
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 (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 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.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.