ADP-Employment Sector vs Dow Jones-DJI, DDM, DIA

3 Eyl 2018

https://www.tradingview.com/x/Uth9nASg/Here is another chart that is using the EMPL_SEC ticker. When applying the Heikin Ashi Indicator to this data and overlaying the Dow Jones on top, you can clearly see the correlation. Employment in the U.S. is what dictates when to get in and when to get out. Please let me know what you all think of this idea and comment with any additional data I should include. My next chart will be the same idea but using the Federal Reserve Monetary Base as a Dow Jones Indicator.

Thanks!