Wendy Kirkland’s Market Watch September 8, 2025

Wendy Kirkland’s Market Watch 
September 8, 2025

Join Option Trader Wendy Kirkland for an insightful session as she discusses her recent week in the market! 
This week, she’ll share her experiences in the stock market and her option strategies for the upcoming week.

Market Pulls Back After Holiday Week

In this week’s market watch, we’re seeing a pullback across the major indices following the holiday-shortened week. After gapping down, both the Dow and the Nasdaq are showing some signs of recovery but remain in negative territory. This volatility highlights a cautious sentiment among traders.

A look at the market map shows a mixed bag, with technology and consumer cyclical stocks showing some green, while the broader market remains predominantly red. This indicates that while some sectors are holding up, the overall market is experiencing broad-based selling pressure.

The Bigger Picture: A Look at the Weekly Charts

To understand the current market dynamics, we need to look at the weekly charts of the major indices.

Dow Jones Industrial Average ($INDU): The Dow is currently in a bearish pattern, with the CCI (Commodity Channel Index) showing a strong downward trend. This indicates weakening momentum and suggests that the path of least resistance is to the downside. The market is currently consolidating sideways after a significant drop, and we are waiting for a clear signal of the next directional move.

Nasdaq Composite ($COMPQ): The Nasdaq tells a similar story. It has also experienced a pullback and is now in a period of consolidation. The CCI is in bearish territory, suggesting that sellers are still in control. We are watching for a potential break of the current support level, which could lead to a further move down.

Key Takeaway for Traders: Patience and Caution are Crucial

The key takeaway from this week’s analysis is the importance of patience. The market is currently in a corrective phase, and it’s not the time to be aggressive with new long positions. The technical indicators on the weekly charts of both the Dow and the Nasdaq are signaling caution.

Traders should wait for a clear confirmation of a bottom before looking for new buying opportunities. The current sideways consolidation could resolve in either direction, so it’s essential to wait for the market to show its hand.