Dear Student,

We’ve been preparing for a rough September for weeks – and so far, it’s living up to its reputation as the worst month for stocks overall. 

And right on time, volatility as measured by the CBOE Volitility Index (VIX) has surged since the calendar flipped.

Take a look…

Volatility spiked near 25 a month ago as a result of the unwinding of the yen carry trade, then settled back down into the lower teens.

Last week, it looked as if the VIX might retrace that 100% Fibonacci level and revist the yearly high…

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Not coincidentally, it was the worst week for the S&P 500 in over a year.

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(This week, I’m including seasonality and trends in my charts – and as you can see, stocks are about to get a literal green light).

But as they did a month ago, stocks are rebounding hard today, with the S&P up 1.4% as of this writing.

The VIX, meanwhile, is back below 20, down 13.5% today.

So what happens next?

We’ll cover that in today’s Five Points Video. I’ll break down the stock, bond, commodity, currency, andcryptocurrency markets and tell you what to expect over the next few days.

And pay attention because it’s an important week for the economy…

Markets are dealing with seasonal volatility… and the added uncertainty of just how big the next rate cut is going to be.

There’s inflation data coming this week, plus Apple’s big annual event.

But the biggest story impacting the market’s this week is tomorrow’s presidential debate – I’ll tell you why I think so, and why one candidate needs to break out before markets decide where they want to go.

Even after a rough week last week, everything is up today. And similar to what happened a month ago, the markets are rebounding with strength and look like they want to go higher.

As usual, I’ll give you the specific levels I’m watching, and where I think prices are headed in the near future.

Click below to watch right now.


Good trading,

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Tom Gentile
America’s Pattern Trader