Coolhand's Market Analysis

Last week the charts showed that the herd (total tracker) had increased their total stock allocation by a collective 11.35%. I said I thought that would be bearish in the short term and it was as the S and C funds dropped -1.06% and -0.67 respectively, while the I fund fell almost -2.8%.

Looking at the charts for the new week, it looks like we bought the dip. At least the Top 50 did. Here's the charts:


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