The key months for “golden September and silver October” have arrived
In September, the monthly K-line breaks through the midline and holds. Most likely, it will consolidate and move upward. As long as it doesn’t fall below the monthly midline, it’s considered to have held—rising by stepping along the midline.
Because the September monthly K-line is still below the midline, there is still room for it to continue falling and break below the prior support, or to fluctuate around 60,000 for a few months and form a base through range-bound “box” consolidation. Along with the news of Fed rate hikes, during 2026 September–2027 June there will likely be multiple rate hikes; and with the Midterm election in November, “Yellow hair” will most likely step down. Also factors like U.S. Treasury bonds, etc.
Do you think this is a bull market’s pullback, or the end phase of a bear market? Leave a comment and discuss in the comment section.
In September, the monthly K-line breaks through the midline and holds. Most likely, it will consolidate and move upward. As long as it doesn’t fall below the monthly midline, it’s considered to have held—rising by stepping along the midline.
Because the September monthly K-line is still below the midline, there is still room for it to continue falling and break below the prior support, or to fluctuate around 60,000 for a few months and form a base through range-bound “box” consolidation. Along with the news of Fed rate hikes, during 2026 September–2027 June there will likely be multiple rate hikes; and with the Midterm election in November, “Yellow hair” will most likely step down. Also factors like U.S. Treasury bonds, etc.
Do you think this is a bull market’s pullback, or the end phase of a bear market? Leave a comment and discuss in the comment section.
