Markets finally took time to rest. We've had 6 months of almost straight up stock markets, but they fell back a little in the last 2 days. Dow touched 9.9K in the last week & was breathing on the 10K ceiling. Now it settled back to 9665, it may finally take time to rest. The Iran wild card lurking in the background will not be helpful.
Sep has the reputation for being the worst month of the year. And at this stage, it's not clear whether it will be an up or down month. Speaking of rest, I'll be taking a couple of days off but will return to close out Sep/Q3. When I return, it will be clearer whether Dow can turn in another up month in what is its 2nd consecutive qtr with big gains.
DJI
Sep 25..9665
Aug 31..9496
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