Last month, there were no days with a strong seasonal bias. Ironic, given that August was the most volatile month of the year so far. For September, there are two days with a strong seasonal bias. The 16th is a green day, meaning there is a strong bullish bias, and the 22nd is a red day with a strong bearish bias.
Based on some other work I do, I expect Sept to be another volatile month. If we do get a rally on or near the 16th, I will use that as an opportunity to get short prior to the week of the 21st. As always, never rely on a single indicator to base your trades.
