Global big dump eve

September brought mostly painful memories to traders.
On August 5, the global market experienced a big dump the day before, and we issued a warning 'big dump, opened the door.' Today we are issuing a warning article again.
Next Monday will be a very dangerous day. The current situation is very similar to the eve of the global big dump on August 5th.
1. Both the manufacturing data and non-farm data performed poorly, leading to a stock market decline on Friday. On Friday, August 2nd, the Nasdaq index fell by 2.43%, and this Friday (September 6th) saw an even larger decline of 2.55%.
Throughout this week, we have witnessed a significant slowdown in the labor market: JOLTS data released on Wednesday showed that the number of job vacancies in July dropped to the lowest level since January 2021; ADP data released on Thursday also revealed the lowest monthly rise in private sector employment since 2021; and the non-farm payroll data released on Friday also indicated a near-stagnation in employment rise, with the previously published employment data for June and July both being revised downward.
2. What's even more coincidental is that the Japanese stock market also experienced a big dump this week, with the Nikkei 225 index falling by 5.84%. It closed near the lowest point of the week. The reason for this decline in the Japanese stock market is the same as before, which is the appreciation of the yen leading to the closing of yen interest rate differential trades. It can be said that the market has not yet recovered from the crisis in August.
3. The biggest risk at the moment is that the market has no certainty about the reason for Friday's decline. Uncertainty dominates the market, so the decline may continue to spread to the Asian market. The US stock market, Chinese stock market, crude oil, and BTC, these major markets all closed near the lowest point of the week, which is a sign that the decline is not over yet.
Be prepared for everything.