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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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    Market Snaps Back - Posted by Coolhand

    by
    coolhand
    , 07-08-2020 at 04:25 PM (Coolhand's Market Analysis)
    Quote Originally Posted by coolhand View Post
    The bears could not keep it going after yesterday's moderate sell-off as the bulls got back about half of Tuesday's losses.

    Attachment 46624
    Attachment 46622

    There isn't much to say about the charts. Price continues to meander up and down, though it does seem to be biased higher at a very slow rate. Resistance is not far above. The 50 dma continues to rise and is about even with the 200 dma on the S&P.

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