Final Shakeout before the Ripper?

What’s on your mind these days?

I’ll tell you what I’m thinking about.

I’m used to a market where stocks struggle when the US Dollar are US rates are rising. And that’s what we’ve seen all year.

And while the data certainly points to a market of stocks that have been grinding mostly sideways over the past few months, stocks haven’t done nearly as bad as you’d think, considering just how strong the Dollar has been and how much rates have risen.

So the question for me is whether these consolidations are going to resolve higher or lower?

And what the implications might be….

A lower resolution here could be a massive tailwind for stocks.

Remember, during Election years, the market tends to bottom in May ahead of a very strong summer, particularly when there is an incumbent candidate.

If these resolutions are, in fact, to the downside, then that’s exactly what I would expect to see happen:

However, let’s remember that the trend is your friend, with benefits.

The trend for the Dollar is still up.

The trend for interest rates is still up.

The trend for most stocks is still mostly just a mess.

So I’m skeptical of a resolution here until I see it.

I need to see it.

We discussed all the details about what’s going on out there and how we’re approaching the market this week on our LIVE Monthly Charts Strategy Session.

Premium Members of ASC can catch the replay here and download all the charts.

But here’s the TL:DR.

The market is a mess. It’s been a mess.

And there are very simple strategies to help us take advantage of messy markets.

Sean and I are going to walk you through it this Wednesday @ 4PM ET.

It’s FREE and I think it will add a lot of value to the way you approach markets.

I know it certainly did for me.

I think about markets much differently now.

Back in the day, I used to get frustrated by markets like these.

Now I think they might be some of my favorite environments.

Let me show you why…

Make sure to register here. See you Wednesday!