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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 Holds For Now - Posted by Coolhand

    by
    coolhand
    , 05-25-2021 at 03:42 PM (Coolhand's Market Analysis)
    Quote Originally Posted by coolhand View Post
    It was a choppy back and forth kind of day on Tuesday, but one that had the bulls slowly lose ground into the close.

    Poll - How to Handle a Disruptive Member-spx-png
    Poll - How to Handle a Disruptive Member-dwcpf-png

    So far, resistance is holding on both charts. Momentum, which was rising, stalled. It doesn't mean a whole lot just yet other than the bulls have some work to do to push price through those resistance areas.

    Poll - How to Handle a Disruptive Member-nyad-png

    Breadth dipped, but
    ...
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