Has Your Market Analysis Gone to the Dogs?

So far today, I’ve ignored what I can only assume are tens of thousands of posts and articles dissecting last night’s debate. I’ve said it before — As market participants, the election doesn’t interest us. It’s the change in seasonal strength this time of year that has our attention. 

But I’m sure they’ll continue pumping out more political gossip than anyone could possibly absorb. After all, it’s 2020. Most folks are stuck at home, anxious, and searching for any meaningless distractions they can find.  

If you’re nervous about the election or the markets, tonight’s your chance to take a step back and look at the bigger picture. September is over and the fourth quarter begins tomorrow. That means we have fresh batch of monthly candles to review! It doesn’t get any better than that… 

If you do one thing this week, it needs to be a thorough review of these longer-term trends. It’s one of my most important rituals that allows me to tune out the noise better than most.

I encourage you to put away those five-minute charts and zoom out for the night. You might be surprised at what the market’s telling you. [I’ll be knee deep in my charts prepping for our Live Monthly Candlestick Strategy Session for our Premium Members. You won’t want to miss it.]

Before I dig too deep into the charts tonight, I had to show you a new pattern a friend pointed out to me yesterday: