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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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    Bulls Make it 2 Straight - Posted by Coolhand

    by
    coolhand
    , 02-02-2021 at 06:01 PM (Coolhand's Market Analysis)
    Quote Originally Posted by coolhand View Post
    The bulls made it 2 in a row on Tuesday. Much of the previous losses have now been erased and price is not far from the peak now. However, there may be resistance as price tries to move higher.

    September Jobs Report-spx-png
    September Jobs Report-dwcpf-png

    We've seen this before too. Every bout of weakness of some size gets reversed at some point with new highs eventually being hit. Are we going to see fresh highs again? Let's just say I'm not betting against the
    ...
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