Let's Review My posts About September 2021 before it happens:
1- August 24th, 2021:
What is "witching" and why is it quadruple?
Conclusion:
We can use this data to find the seasonality of the market! This could help us make better decisions especially in the weeks leading to Quadruple witching.
2- September 2nd, 2021:
The market does not like long weekends..!
It seems in 2021, anytime we have had a long weekend, it has been followed by a correction between 1.5 - 5.5%.
Another important historical data that makes it more likely is September performance!
The average monthly historical return of S&P 500 between 1950-2017, shows September is the worst month of the year..!(Investopedia)
I believe a 2-4% correction could be the most probable scenario in the coming week..!
3- September 8th, 2021:
Breaking down a movement!
4- September 9th, 2021:
Rounding Top or More correction is coming..!
Last words:
S&P 500 finished September with -4.76%, very close to my (-2% to 4% prediction) on September 2nd, 2021.
This was the biggest monthly correction since March 2020..!
Try to gather as much data as you can and use them with a neutral mindset, you will see the result!
Moshkelgosha
1- August 24th, 2021:
What is "witching" and why is it quadruple?
Conclusion:
We can use this data to find the seasonality of the market! This could help us make better decisions especially in the weeks leading to Quadruple witching.
2- September 2nd, 2021:
The market does not like long weekends..!
It seems in 2021, anytime we have had a long weekend, it has been followed by a correction between 1.5 - 5.5%.
Another important historical data that makes it more likely is September performance!
The average monthly historical return of S&P 500 between 1950-2017, shows September is the worst month of the year..!(Investopedia)
I believe a 2-4% correction could be the most probable scenario in the coming week..!
3- September 8th, 2021:
Breaking down a movement!
4- September 9th, 2021:
Rounding Top or More correction is coming..!
Last words:
S&P 500 finished September with -4.76%, very close to my (-2% to 4% prediction) on September 2nd, 2021.
This was the biggest monthly correction since March 2020..!
Try to gather as much data as you can and use them with a neutral mindset, you will see the result!
Moshkelgosha
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.