September 2021 was a horrible month for major indexes, they experienced the biggest decline since February 2021.
September performance:
S&P 500 (-4.76%)
NASDAQ 100(-5.73%)
Dow Jones(-4.29%)
Russell 2000(-3.05%)
Chance of making money by opening long positions in September was really low!
I believe raising the debt ceiling by Oct. 18 could bring market out of limbo..! But if it is not going to happen, we are going to see lower LOWs..!
Monitoring the market in the next 2 weeks for those who are sitting on cash will pays off..!
I would like to finish with George Soros:
In my financial dealings, the discover of error would often present an opportunity to take whatever profits I had made from my flawed initial insight or cut my losses if the insight had not yielded even a temporary profitable result. Most people are reluctant to admit that they are wrong; it gave me positive pleasure to discover a mistake because I know it could save me from financial grief.
In these charts, you can see the most important support (green lines) and resistance (red lines) to watch in the coming days!
September performance:
S&P 500 (-4.76%)
NASDAQ 100(-5.73%)
Dow Jones(-4.29%)
Russell 2000(-3.05%)
Chance of making money by opening long positions in September was really low!
I believe raising the debt ceiling by Oct. 18 could bring market out of limbo..! But if it is not going to happen, we are going to see lower LOWs..!
Monitoring the market in the next 2 weeks for those who are sitting on cash will pays off..!
I would like to finish with George Soros:
In my financial dealings, the discover of error would often present an opportunity to take whatever profits I had made from my flawed initial insight or cut my losses if the insight had not yielded even a temporary profitable result. Most people are reluctant to admit that they are wrong; it gave me positive pleasure to discover a mistake because I know it could save me from financial grief.
In these charts, you can see the most important support (green lines) and resistance (red lines) to watch in the coming days!
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.