Last week saw major markets experiencing fall. S&P500 closed at 1920. In the current week as well, investors need to be alert as a bearish kind of sentiment may develop in the market.
7th September shall prove to be bearish day however American market shall remain closed on this day.
On 8th September, recovery / positive trend may be observed. S&P500 can move up to 1940-1950 but we aren’t very sure of such a recovery.
On 9th, 10th and 11th September 2015, market can experience bearishness & S&p500 could fall to as low as levels below 1900. This weakness may continue till next week (14th – 15th September 2015).
Next Monday shall also be bearish.