Although this is one of the worst months ever for NASDAQ since 2010:
we have had 14 months with lower performances, such as September 2021 and September 2020..!
Monitoring the past 4 corrections since the pandemic clearly shows a correction between -7.7% and -11.9% could be considered as normal behavior in the Nasdaq100 trend!
But the most important thing is that you should adjust your expectation in 2022..! Clearly, market performance will be lower than 2020 and 2021..!
This analysis will be obsolete if NDX closes below the green orbit for 2 weeks!
Great chart and analysis. 2021 never really took off like everyone expected the pandemic to be completely over, even though pundits at high class investment firms predicted stocks like AMZN to hit over $4,500/share; looking back what a joke of a prediction; the point here is that there is no "clearly" in the vocabulary when it comes to the stock market; as a matter of fact, since 2021 was lukewarm and as humans start to get accustomed to the fact that Covid is here to stay for the rest of our lives with all kinds of variants yet to come, it may even be that 2022 could be a stellar year ...