What Wall of Worry? Path of Least Resistance for NowI 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!!!
