Analysts Guessing Top is Near, but…
The market is neutral worldwide and slightly overbought in the US. Volatility continues its downward movement and nearly every part of the market’s behavior is classic bull market behavior.
There is an abundance of analysts guessing that a top is near and in every bull market groups like this exist so that they can then say that they predicted the all-time high. The path of least resistance remains up – a pullback (not a top) is likely near and longer term this market has a lot of room to run.
Today’s Potential Opportunities on Further Pullbacks:
Stocks
ETFs
For today’s official Daily Battle Plan set-ups click here.
Making You a Better Trader
To improve, you must continuously learn…
ISE’s VolDex
The ISE believes they have created a cleaner version of the VIX with a new index they call VolDex. You can learn more about VolDex on the ISE website https://www.ise.com/etf-