If seasonality is to continue, investors need to be aware that with July ending this week, the next pattern is that we are entering the three-month period of August, September, and October, which over the long-term tends to be the weakest period of the year.

FORBES: Seasonality Says Beware The Fall Bear

During the week ending 16th September, the measure remained within a consolidative pattern, but with its downward trend still intact.

FORBES: Bear Or Bull? Last Week's Stock Uptrend Unlikely To Last