Dow Jones Correlation with Unemployment Rate-Offical Calculation
This chart shows the correlation of the Dow Jones over time with the "official" Unemployment Rate here in the U.S. Its interesting at least to see how well the Unemployment rate dictates the tops and bottoms in the Dow Jones practically to a "T".
Please comment and let me know what you think of this idea...
Also, I have inverted the unemployment rate and applied the Heiken Ashi indicator to it for easier viewing and flow.
Please comment and let me know what you think of this idea...
Also, I have inverted the unemployment rate and applied the Heiken Ashi indicator to it for easier viewing and flow.
Ghi chú
on the way down...Ghi chú
Ghi chú
Time to get out!Ghi chú
Ghi chú
Above there are 4 recessions on our one chart. The fourth one just occurred and we are beginning it now!Ghi chú
February 11 I was telling folks to get out of the market. Read that comment above. I did, I pulled all of my cash out of the market on February 11th.
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Thông báo miễn trừ trách nhiệm
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.