After a great run stocks are beginning to consolidate in line with typical seasonal patterns. Overall, this cycle looks to be following the historic US presidential election cycle very closely despite all the uncertainties regarding the development of the US economy.

A plethora of market studies based on stock momentum, trend, and market breadth show a distinctly positive outlook for the next 6-12 months.

I would consider any decline in the S&P500 to the medium-term trend a good opportunity to add available capital to the strategy.