Here is the RTY trend line and a chart of IWM. The green dotted line on the IWM chart maps to the 1715 line in RTY, the difference being dividends and maybe some slippage. Either way, this is the whole game right here. Above and there's at least another leg up in the rally of 5 to 7 percent. Fail with force and the odds of a larger rally start collapsing in the days ahead.
Another jobs leading indicator turns sour
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I have argued repeatedly that the official Australian Bureau of Statistics
(ABS) unemployment rate of 3.8% flies in the face of broader labour market
dat...
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