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Coolhand's Market Analysis

A weekly snapshot of current TSP allocations for both the Top 50 and the Total Tracker. I also try to accompany the allocation charts with some measure of technical analysis, normally using the S&P 500.

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    The Bulls Fight Back

    by
    coolhand
    , 05-04-2020 at 05:40 PM (Coolhand's Market Analysis)
    Quote Originally Posted by coolhand View Post
    The market opened weak in morning trade, rose shortly after and leveled off until the early afternoon when the bulls pushed price into positive territory and closed out the day in the green. Sound familiar? Once again, a floor seems to be under this market.

    Fund Prices-s-p-500-png
    Fund Prices-dwcpf-png

    So far, the 50 dma is holding. The reversal suggests the market may be ready to move higher again.

    Fund Prices-nyad-png
    ...
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