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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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    Big Gains Last Week - Posted by Coolhand

    by
    coolhand
    , 08-09-2020 at 12:04 AM (Coolhand's Market Analysis)
    Quote Originally Posted by coolhand View Post
    The bulls posted significant gains last week.

    I'm in-s-p-500-png
    I'm in-dwcpf-png

    We can see that price is slowly rising along with the 50 and 200 day moving averages. The long term trend is up.

    I'm in-nyad-png

    Breadth hit a fresh high on Friday and remains bullish.

    We are heading into a new week with the smart money still bullish after last Thursday's latest sentiment reading.
    ...
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