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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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    Resistance Draws Closer - Posted by Coolhand

    by
    coolhand
    , 08-17-2020 at 05:18 PM (Coolhand's Market Analysis)
    Quote Originally Posted by coolhand View Post
    The bulls began the week with more gains.

    Market Talk-s-p-500-png
    Market Talk-dwcpf-png

    And both charts show price getting very near the February high. A test of that high could come any day now. Volume has fallen off the past few days, but that's normal in mid-August.

    Breadth ticked higher and remains bullish.

    I remain bullish.
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