Exactly, your strategy evolves as you age. But allocation, investment schedule and amount shouldn't change over a short time period or in light of any external factors.
External factors can impact expected lifespan, expected retirement date, amount available to invest, and long-term structural factors impacting allocation.
Those things shouldn't change in response to short-term market fluctuations, but not all external events are limited to short-term market fluctuations.
Those things shouldn't change in response to short-term market fluctuations, but not all external events are limited to short-term market fluctuations.