What Wall of Worry? Path of Least Resistance for Now

I reviewed an interesting study Tuesday about V bottoms. Over 20 years of data showing the average "V Bottom" takes nearly 1 year to come back and get into positive territory.

The fact that all US Indexes and many stocks have done this in 10-15 trading trades is pretty remarkable. Will we more path of least resistance at all-time highs or will we see resistance actual hold for a beat.

All US Markets closing green today, Russell 2000 led the indexes today with +1.30%

DXY hitting fresh lows, but 101 and 100 are major technical support levels that I'm watching.

Review at your convenience. Thanks for watching!!!
Chart PatternsDXYearningsplayNASDAQ 100 CFDQQQSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) TGTTrend AnalysisVIX CBOE Volatility IndexvwapbounceWave Analysis

Chris Pulver
Also on:

Disclaimer