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brian7683

When Unemployment rate goes up, markets crash

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S&P 500 Index (SP:SPX)  
brian7683  
SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators
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The boxes show when the SPX is crashing.
The correlation is huge!
As soon as the unemployment rate bottoms and starts climbing, the SPX goes down.
Maybe we'll start creating a bottom in the unemployment rate, once that happens, start paying attention!
As soon as the rates reverses, I would say that would be a great time to sell your equities!

Market top in 2023 IMO.

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