I was watching bloomberg today and an analyst mentioned the 'economy paycheck' as a measure of (payrolls * average hourly wages * average hours worked in a week)
Here I have made the same index for observation.
Interesting how it reversed clearly as the 08 crash happened and then bottomed clearly in 09; williams trader called for long in 2011 and also 2014.
Pretty cool little index to watch; I just put some fib on there but it's basically useless imho as the QE cash flowing in has just allowed the paycheck index to barrel through any kind of levels this might suggest.
Enjoy the index; tell me what you are seeing!
GL HF
xoxo
-Snoop
Here I have made the same index for observation.
Interesting how it reversed clearly as the 08 crash happened and then bottomed clearly in 09; williams trader called for long in 2011 and also 2014.
Pretty cool little index to watch; I just put some fib on there but it's basically useless imho as the QE cash flowing in has just allowed the paycheck index to barrel through any kind of levels this might suggest.
Enjoy the index; tell me what you are seeing!
GL HF
xoxo
-Snoop
코멘트:
breakout 2618...
코멘트:
no red print either...
코멘트:
qe madness continues without fail
코멘트:
print
코멘트:
negative print
코멘트:
2787.4 was spx500 when I published this idea proposing strength
코멘트:
spx500 is now 2364.7
코멘트:
***3264.7 whoops I transposed the 3 and 2 above
코멘트:
just about 900 point gain!
if so... beware!