US unemployment rate from a TA perspective Pendidikan

Unemployment RateFRED

Huraian

⋅ 5 Jan 2018 pukul 14.13

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?

⋅ 10 Mei 2020 pukul 11.13

Unfortunately I was right.