Back from a little time off and some travelling in Northern Italy.
And the next Seasonal Trade is potentially lining up. The September Effect is the fourth of my five favourite Seasonal Trades. The pattern I’ll be looking for is a little run-up this week leading to a sell-off over the next two weeks.
We’ve got some events lining up together that could support a minor turning point:
- FOMC announcement on Wednesday
- AAPL product news is now out in the open
- Scottish independence vote on Thursday
- Potential temporary bounce in British Pound and Euro
But as always, play the setups – looking for trend breaks on the smaller timeframes that turn into bigger moves with trend breaks on higher timeframes.
Good luck with your Emini trading next week.