Below 70K risks October low retesting. Seasonality headwind: midterm year stock pullbacks occur historically.

If we get like below 70K and we're holding down here and we get back within this range, then all of a sudden, right, an October low, one more low, that becomes possible. But I don't give this scenario that high of a chance. I think it's much more likely that this thing breaks up from here and the pullback is relatively shallow. Now, one of the um one of the headwinds, the factors that could potentially lead to a larger correction here is stocks from a seasonality perspective in midterm years, right? So, 2022, um 2020, 2020, 2018, 2022, uh 2024, and 2026. These are midterm years. So two years after the election, generally we get an endofear pullback in the stock. So here's 2018, right? Rally in August, September, October, November down. Okay, that's your midterm year pullback.