The Unemployment Rate looks like it's getting ready to spike higher as it Double Bottoms at the 0.786 and cracks above the 21SMA. If this plays out, it will likely spike to the highs or even make a new higher high. During all of this, I expect the macroeconomic data charts below to also play out:
Consumer Credit Balances:
The Mortgage ETF:
US Interest Rates:
The REITs Sector:
Consumer Credit Balances:
The Mortgage ETF:
US Interest Rates:
The REITs Sector:
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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.