What is moving lately? The US unemployment rate has edged up.
We can see from past cycles that when unemployment numbers started breaking above their downtrend, crisis occurred.

Micro E-Mini Nasdaq Futures and Options
Ticker: MNQ
Minimum fluctuation:
0.25 index points = $0.50

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Beyond Technical AnalysisFundamental AnalysisMNQ1!nasdaqNASDAQ 100 E-MINI FUTURESTrend Analysisunemploymentunemploymentrateunemploymentratevsstockmarketunemploymentvsindices

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