View RSS Feed

Coolhand's Market Analysis

Back to the Top of the Short Term Range - Posted by Coolhand

Rate this Entry
0 Comments
by
coolhand
, 07-02-2020 at 06:00 PM (593 Views)
Quote Originally Posted by coolhand View Post
The bulls had a good week as we head into the long holiday weekend.

Market Talk-s-p-500-png
Market Talk-dwcpf-png

Price is back to the top of the trading range on the S&P, while a bit under it on the DWCPF. Volume was underwhelming.

Market Talk-nyad-png

Breadth ticked higher and remains bullish.

As I pointed out in my previous post today, NAAIM got less bullish, but not by a lot. Overall, they are still collectively bullish, just modestly so. I noted that the bulls are much more leveraged than the bears, which is means there is more conviction among the bulls.

I anticipate more back and forth action on the latest NAAIM reading, but remain bullish overall.

Submit "Back to the Top of the Short Term Range - Posted by Coolhand" to Digg Submit "Back to the Top of the Short Term Range - Posted by Coolhand" to del.icio.us Submit "Back to the Top of the Short Term Range - Posted by Coolhand" to StumbleUpon Submit "Back to the Top of the Short Term Range - Posted by Coolhand" to Google

Updated 07-02-2020 at 06:24 PM by coolhand

Categories
Uncategorized

Comments


S&P500 (C Fund) (delayed)

(Stockcharts.com Real-time) 		DWCPF (S Fund) (delayed)

(Stockcharts.com Real-time) 		EFA (I Fund) (delayed)

(Stockcharts.com Real-time) 		BND (F Fund) (delayed)

(Stockcharts.com Real-time)
Yahoo Finance Realtime TSP Fund Tracking Index Quotes