syafiqsezale7
commented on
A bummer of a jobs report released Friday morning triggered a sharp drop in the stock market and stoked fear of a coming recession—thanks to something known as the "Sahm Rule."
So what is that?
It is named after economist Claudia Sahm, who served as a top economic advisor during the Obama administration and identified a historical indicator of coming recessions in 2019: every time since 1970 that the three-month moving average of...
So what is that?
It is named after economist Claudia Sahm, who served as a top economic advisor during the Obama administration and identified a historical indicator of coming recessions in 2019: every time since 1970 that the three-month moving average of...
72
17
syafiqsezale7
liked
US Market Key Charts (S&P, US Dollar, Gold)
$E-mini S&P 500 Futures(SEP4) (ESmain.US)$ (4 Hour Chart) -[BULLISH ↗ *] S&P took a pause and retreated lower yesterday. We maintain our bullish directional bias with lowered conviction. As long as price is holding above 5630.50 support, a bounce reaction towards 5692.25 resistance is expected. Technical indicators are still advocating for a bullish scenario.
Alternatively: A ...
$E-mini S&P 500 Futures(SEP4) (ESmain.US)$ (4 Hour Chart) -[BULLISH ↗ *] S&P took a pause and retreated lower yesterday. We maintain our bullish directional bias with lowered conviction. As long as price is holding above 5630.50 support, a bounce reaction towards 5692.25 resistance is expected. Technical indicators are still advocating for a bullish scenario.
Alternatively: A ...
56
syafiqsezale7 :