Well I have decided how I think September will go:
I think we hit a temporary bottom today and Bulls will try to push us up, buy the dip FOMO is still on.
I want to see us top out around 452-454 around Apple iPhone announcement and the new CPI numbers.
Then I expect CPI will be too hot and the market will sell off to the max pain on Friday of 440.
Following that we will have a double top pattern which timed with Powell's speech could get us back to the bottom of 430s.
Then I think we finish September with the trickle down to the support at the 427 level that we established in June.
This is just drawings and some insight into what I feel the market will do, I like the look of my drawing but we will need to see how it shakes up.
Good Luck out there.
I think we hit a temporary bottom today and Bulls will try to push us up, buy the dip FOMO is still on.
I want to see us top out around 452-454 around Apple iPhone announcement and the new CPI numbers.
Then I expect CPI will be too hot and the market will sell off to the max pain on Friday of 440.
Following that we will have a double top pattern which timed with Powell's speech could get us back to the bottom of 430s.
Then I think we finish September with the trickle down to the support at the 427 level that we established in June.
This is just drawings and some insight into what I feel the market will do, I like the look of my drawing but we will need to see how it shakes up.
Good Luck out there.
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.
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.