S&P 500

Minor correction S&P fueled by higher unemployment rate

137
Non farm payrolls and the unemployment rate will be released today at 0830. A release higher than expected could fuel a minor correction. The chart displayed shows the negative correlation between the S&P and the total civilian unemployment rate. Because of the uncertainty of the release, RSI very high, and ATR falling; I would stay clear of the equities markets today until this release plays out. Just my thoughts.

Happy Trading

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。