US jobless claims increased 1.42 million in the last week

About 30 Million Workers Are Collecting Jobless Benefits.
The number of new claims for unemployment benefit jumped last month to 1.4m. That’s worse than expected and the first week-on-week rise for four months.
We can expect a reflection of today`s news in the overvalued stock market.
Sell-off accelerates also because of escalating US-China tensions and faltering economic recovery.
The indicators show a sell recommendation. We are also in an overbought area.

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