This chart caught my attention. It is the Jenga piece of the market puzzle.

Here’s what it tells me, as we get closer to the end of summer

Photo by Oscar Ivan Esquivel Arteaga on Unsplash

I don’t post often on Fridays. But I saw something in my chartwork today that I think subscribers should know. Because it might just be really important. If not next week, the last of a slow but chaotic summer for the stock market, then right after Labor Day.

I look at tons of charts. Stocks, ETFs, relations between securities. What am I looking for? Something that matters for more than just a trade. Because it has the potential to be market-moving, in a wholesale fashion. Here’s the chart and what I think.