September Performance By Day

A look at September SPY:

IWM:

For SPY in particular, there isn’t much of a pattern to the high or low of the month, except the low generally doesn’t happen in the 6-10th days. For SPY since 1993, 26% of the time it has not closed lower than August close (74% had a least 1 close below august close), and 21% it never closed above the August close.

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