I commented on the same Mid Term Election pattern (MTEP) during the last few months when I commented on the "Seasonality" when I stated that we would not likely see the typical MTEP as shown on the MTEP chart, a sharp pull back during mid year.
As we now see that we indeed didn't see the typical MTEP mid year pull back. The following links are some of my comments relating to the seasonality. The first link shows the result of the YTD which is relating to the answer to COD which you posted.
These analysis are well-known and common analysis for those who are commenting on the financial markets.
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