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The worst trading month of the year finally finished..!

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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.
What is "witching" and why is it quadruple?


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..!

Market does not like long weekends..!


3- September 8th, 2021:
Breaking down a movement!
Breaking down a movement


4- September 9th, 2021:
Rounding Top or More correction is coming..!
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

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