Alts major resistance point

There was a chart sent out in Aug showing the reason alts had a pullback. The chart showed that the Alts had reached a major resistance point in alt market cap and had not pushed past. The trends seem to show in the past once this resistance point (or lower) was reached the market tended to go down for a couple of months.

My planned strategy was to trade on a monthly portfolio. In your opinion, given what I see as a historic trend (please correct me if I am wrong) is now the time abandon the 1-month trade and instead trade quarterly or yearly?

Thanks in advance

@TokenMetrics @dairyofamademan