My answer to this question is No..!
Although this is one of the worst months ever for NASDAQ since 2010:
we have had 14 months with lower performances, such as September 2021 and September 2020..!
Monitoring the past 4 corrections since the pandemic clearly shows a correction between -7.7% and -11.9% could be considered as normal behavior in the Nasdaq100 trend!
But the most important thing is that you should adjust your expectation in 2022..!
Clearly, market performance will be lower than 2020 and 2021..!
This analysis will be obsolete if NDX closes below the green orbit for 2 weeks!
Although this is one of the worst months ever for NASDAQ since 2010:
we have had 14 months with lower performances, such as September 2021 and September 2020..!
Monitoring the past 4 corrections since the pandemic clearly shows a correction between -7.7% and -11.9% could be considered as normal behavior in the Nasdaq100 trend!
But the most important thing is that you should adjust your expectation in 2022..!
Clearly, market performance will be lower than 2020 and 2021..!
This analysis will be obsolete if NDX closes below the green orbit for 2 weeks!