S&P Cyclical Sell signal

This is a cross factor comparison between the S&P500 and the Civilian Unemplyment Rate. The latter can be used as a benchmark to anticipate the long term cyclical behavior of SPX within its market cycles.

The conclusion is quite obvious. when the unemployment rate is low, a sell signal arises on SP500. When then unemployment rate is high, the index waves a buy flag. We are currently on a low unemployment/ sell signal cyclical phase.