Larger Stock Market Down Turn Is Coming更大的股市场下跌即将到来

The US stock opened down to day and has continued going down today. Negative factors are: Worries over volatility from quadruple witching today, Fed meeting next week , Biden's tax hike proposal, high market valuation ,September is the worst month for stock in history and year end tax selling. Technically, the Dow, NYSE Composite, S&P 500, Russell 2000, Wilshire 5000 and sector ETFs such as IYM, IYT, IYZ, PPH, SOCL, XLI, XRT and 55% of the S&P 500 stocks are now below their crucial 50 day moving averages.  Also buy on dips are met with larger selling in recent days. Market internals are not healthy. Another blow to the market is the highest capitalized stock AAPL is also below its 50 day moving average.  All signs points to a bigger down turn in the stock market. For the S&P 500, a 5% correction will take it down to 4300, a 6.9% correction will take it down to July low at around 4233 and a 10% correction will take it down to 200 day moving average 4100.

今天美股开盘低开并且一直走低。 负面因素有：今天四魔日波动的担忧、下周美联储会议的担忧、拜登的加税建议、过高的市场估值、9月是历史上股票一年中最糟糕的月份和年终退税抛售。 从技术上讲，道琼斯指数、纽约证券交易所综合指数、标准普尔 500 指数、罗素 2000 指数、威尔希尔 5000 指数以及板块ETF IYM、IYT、IYZ、PPH、SOCL、XLI、XRT 和 55% 的标准普尔 500 指数股票现在都已低于关键的 50 天移动指数平均线。 最近几天，逢低买入虽然活跃但都遇到了更大的抛售。 市场内部不很健康。 对市场的另一个打击是市值最高的股票 AAPL 也失守 50 天移动平均线。 所有迹象都显示股市将出现更大的下跌。 对于标准普尔 500 指数来说，从历史高位 5% 的回调将使其跌至 4300，6.9% 的回调将使其跌至 7 月低点 4233 附近，10% 的回调将使其跌至 200 天移动平均线 4100水平。