S&P 500 - Retracement overdue?E-mini S&P 500 FuturesCME_MINI_DL:ES1!fugutraderThe S&P 500 has statistically exhibited a Seasonal tendency to retrace during September. The further the bullish extension continues, the more aggressive any bearish retracements may become. Despite a unique set of economic, geopolitical and technical circumstances being present, there is a general tendency to revisit the mean or the larger moving averages.