Seasonality Trends On The S&P 500

As we enter fall in a couple weeks, it is important to look at the seasonal trends ahead for the remainder of the year. Over the next couple days we will look at a variety of asset classes to analyze their seasonal patterns. This analysis is courtesy of Phil Erlanger Research and their charting system Erlanger Chart Room.
First up is the S&P 500. Currently, there is a nice little up move seasonally until the 20th of September. Then the S&P 500 sees is biggest drop of the year until the 13th of October. Once beyond that it is clear sailing into year end.
Remember seasonl patters are setup indicators and it is also important to look at the bias and triggers to gain greater understanding if the seasonal pattern has wind at its back or it has a strong head wind.
This year so far the wind is at the S&P 500's back.