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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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    Is the Market on the Mend? - Posted by Coolhand

    by
    coolhand
    , 03-10-2021 at 05:53 PM (Coolhand's Market Analysis)
    Quote Originally Posted by coolhand View Post
    The market gapped higher at the open today and bulls fought to maintain the gains in a choppy trading session.

    New Investors and old-spx-png
    New Investors and old-dwcpf-png

    Overhead resistance remains an obstacle on both charts, but there are some promising signs for the bulls. Momentum has turned up after a lengthy decline. Volume has been slowly diminishing, which also speaks to the lessening of volatility. Price still has to cut through resistance and post
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