S&P 500 Eyes Key Level to Break September Curse
Created on
Last updated
September has historically been the weakest month for the S&P 500, but a pivotal support zone now in play suggests this year's script may differ. Traders are watching whether the index can hold above this threshold as the calendar turns.
Momentum from August's rally, fueled by strength in tech and energy names, has left the broader market in a constructive posture heading into the seasonally tricky period.
A decisive hold above the key level would reinforce bullish continuation, while a breakdown could reignite the historical September weakness pattern traders have come to expect.