ES Morning Update September 15th 2025
This is the week where the market should start down, and accelerate into the expected low window of 9/22 – 9/24. The FP was hit last week and pierced a little as it commonly does. All eyes will be on the FOMC this week, so we probably won’t see too much on the downside until after the meeting. I still think we are going to drop hard this week and next but it should start slowly. Below is a chart of the SPY with my thoughts…
If I’m wrong we’ll start another powerful leg up to 6700-6800 after the meeting instead of tanking. But everything tells me we are going down, not up. The cycles point to a down move the next 2 weeks, and I have no reason to think this time will fail. The “how much” is the hard part to know, so I guess it’s possible that it’s really small, but considering how overbought we are I just don’t see that happening.
Have an blessed day.
Source: http://reddragonleo.com/2025/09/15/es-morning-update-september-15th-2025/
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