RECAP - 3 Assets to Watch (Aug 31-Sept 4): Shein, USDCAD, and Dell performed as expected before NFP

• ✅ Sept 1: Shein saw a "tepid" IPO - as expected - falling 0.16% on Hong Kong debut

• ✅ Sept 2: Dell perps (DELLUSDT) respects $497.22 upside target set since Mon, Aug 31; went on to post new record high!

• ✅ Sept 3: USDCAD+ respects 1.380 downside target set since Mon, Aug 31

• But wait - potentially more trading opportunities ahead! US jobs report lands @ 1230 PM UTC Friday, Sept 1



September 2026 has rolled out with a bang!

• Bitcoin breached $82k for the first time since May 11th

• Gold rebounded to erase Sept 1st declines; now +0.7% so far this month

• S&P 500 +0.8% month-to-date

These major assets surged on Thursday, Sept 2nd, after Fed Governor Christopher Waller cited the possibility of leaving US interest rates unchanged, while hinting at progress on cooling US inflation.



The price action so far this week has also led to all 3 of our chosen "Assets to Watch" - cited since this past Monday, August 31st - to fulfill our forecasted scenarios.



1) Shein sees "tepid" IPO on September 1st - as expected.



What we wrote on Monday, August 31st:

• Shein stocks may miss day-1 "pop"

• 3 reasons why Shein's IPO may prove tepid



On September 1st, Shein made its market debut in Hong Kong, sinking as much as 10% intraday, before ending the cash session 0.16% lower (in US dollar terms) for the day.

However, since then, Shein has continued to sink lower, tumbling 21.5% below its IPO price.

Trade Shein perpetual contracts



READ MORE: How to trade SHEINUSDT on Bybit - Shein Pre-IPO Perpetuals guide





2) Dell hits new record high!



What we wrote on Monday, August 31st:

• Dell to revisit record high?

• Immediate post-earnings upside target drawn at $497.22

Chart published on August 31st:



On September 2nd, following Dell's earnings release after US markets closed ...

Dell perps (DELLUSDT) immediately soared to hit our upside target, breaching it by a mere 6 cents/0.012%.

Торговать бессрочными контрактами Dell

Since then, Dell has done on to post a new record high, bringing its year-to-date gains to +310%!



3) USDCAD+ respects downside target!



What we wrote on Monday, August 31st:

• Bank of Canada (BoC) is widely expected to leave rates unchanged at 2.25% this week

• DOWNSIDE: USDCAD+ may fall to 1.3800 (Canadian dollar strengthens vs. US dollar) if the BoC sounds confident it can raise interest rates in the months ahead ...

Chart published on August 31st:

At the time of writing, prior to the highly-anticipated release of the monthly US jobs report due @ 12:30PM UTC Friday, Sept 4th ...

USDCAD+ has already hit and is resting/respecting our downside target set since Mon, Aug 31st!

Trade USDCAD+



But wait, the trading week isn't yet over!

The incoming US jobs report a.k.a. Nonfarm payrolls (NFP) due today could trigger more big moves!

Tap this link to get all you need to know about this tier-1 data release out of the world's biggest economy, including forecasted post-NFP % reactions for BTC, Gold, and 12 other major assets.





DISCLAIMER: This article is provided for general information purposes only and does not constitute investment advice, nor an offer or solicitation to buy or sell any financial instruments or digital assets. Past performance is not indicative of future results. Your ability to access or use any products or services mentioned may be subject to the laws and regulatory requirements of your jurisdiction.