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Election Year stock pattern, with a twist.


Stashed in: Economics!

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Yelnick writes:

I have been following the election year pattern and it remains on track, with a 2-3 day lag (see chart, courtesy PragCap)...

Looking ahead, this version of the Presidential Cycle Pattern says that we should expect to see a choppy uptrend continuing toward election day, perhaps with some significant “texture” along the way.  The strong correlation up until now suggests that this pattern is working reliably. Once we see how the election turns out, we can then figure out which pattern to follow starting in November.

The rest of his article explains the twist.

Here's what tends to happen for second-term Presidents, fwiw:

6a00d8341c563953ef0177449fad80970d-500wi

What? No Elliott wave theory?

What's Elliott wave theory?

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