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
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
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
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.