Dow Jones: Similarity 2002: (Mid-term Election Year)

Dow Jones: Similarity 2002: (Mid-term Election Year)

Amazing discovery in the chart patterns of the last Mid Term Elections.

After peaking in May 2002 and a failed recover in the summer, DJ Index topped on August 17, 2002. A major decline in Q3 02 setting the lows October in a Mid-Term presidential cycle.

Repeat? Easy to conclude from a recent historical observation but never hurts to recognize past performance.

Clearly just stating the similarity in seasonal patterns.