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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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    Back and Forth Action Continues - Posted by Coolhand

    by
    coolhand
    , 03-02-2021 at 03:50 PM (Coolhand's Market Analysis)
    Quote Originally Posted by coolhand View Post
    The back and forth action (and volatility) continued today. Price diving into the close certainly doesn't make me bullish for Wednesday.

    Market Talk-spx-png
    Market Talk-dwcpf-png

    Not much to say about the charts. Price is in a range now between rising support and overhead resistance. I tend to think the action favors the bulls beyond the short term; mainly because it is a bull market and the bears have not been able to do more than moderate
    ...
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