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Coolhand's Market Analysis

Train Keeps Rollin' - Posted by Coolhand

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coolhand
, 06-06-2020 at 08:20 PM (592 Views)
Quote Originally Posted by coolhand View Post
Friday's positive action added to huge gains last week for all 3 TSP stock funds.

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As the news gets more dire, the market rallies even more. On volume. Upward momentum is rising. RSI is now overbought, but I'd not get overly concerned about that, though a pullback could happen any time now.

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Breadth is really stretching it to the upside (bullish).

TSP Talk sentiment came in bullish (no change). We already knew that the smart money was bullish and we can see why.

It is very possible that this rally gets silly to the upside. I'm not predicting such, but I would not be surprised.

I remain bullish.

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