Friday is Quarterly Opex, from the last 10 years September
Options expiration, 8 times the SP500 closed in red on that
specific Friday. they can target the 4480 - 4500 for Friday morning
before expiration, then probably start looking for shorts as the
last liquidity model is showing ! Since 1990 next week after
September Opex, only 20% was a positive week in the sp500.
September end really has a very low seasonality. Simply
sharing
Historical Stats for September OPEX and Week After (Maxmans Trader Stats)
Posted by steve on 13th of Sep 2023 at 01:31 pm
Friday is Quarterly Opex, from the last 10 years September Options expiration, 8 times the SP500 closed in red on that specific Friday. they can target the 4480 - 4500 for Friday morning before expiration, then probably start looking for shorts as the last liquidity model is showing ! Since 1990 next week after September Opex, only 20% was a positive week in the sp500. September end really has a very low seasonality. Simply sharing
Stats also favored some selling
Posted by steve on 15th of Sep 2023 at 09:44 am
Stats also favored some selling today (posted this on Wednesday)
Posted by limitless on 13th of Sep 2023 at 01:35 pm
We have union at GM
Posted by rbreese on 13th of Sep 2023 at 01:40 pm
We have union at GM and F along with possible shut down of Govt. and of course FED meeting so looks like 3 strikes and you are out. Thanks