Repeating Patterns - Repeating Patterns in the charts

There is very low volume in the markets right now, the smart money is not in the market and the market is not really moving much at all.

Get use to this, as we are in the dog days of AUGUST and it is common for the volume to drop right off completely for a few months. Annoying, but there is nothing we can do about it. Just have to grit it out. :-)

While the market has not been moving much at all these last few weeks I have noticed something very significant, and that is when you ZOOM the S&P chart right back you can see that there is repeating patterns that have been occurring all year, but lately this seems to be the pattern. HIGHER LOWS, and then HIGHER HIGHS! Basically this one sentence is a good description of a bull market, however are these repeating patterns giving us a good picture of what is to come to the end of year! Well....we shall see.

repeating patterns in S&P 500

Sometimes the Simplest things do not jump out of the chart, but on this occasion they did! :-)



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