US unemployment rate from a TA perspective تعليم

Unemployment RateFRED

الوصف

⋅ ٥ كانون الثاني يناير ٢٠١٨ ١٤:١٣

RSI at its historic low (in the available data).
It looks like the rate hit (or almost hit) the support line.
Can we say there will be an increasing unemployment rate, based on low RSI and the support line?

⋅ ١٠ أيار مايو ٢٠٢٠ ١١:١٣

Unfortunately I was right.