View RSS Feed

Coolhand's Market Analysis

Mixed, But Still Bullish - Posted by Coolhand

Rate this Entry
Quote Originally Posted by coolhand View Post
It was a negative day for the S&P 500 and a neutral day for the DWCPF. The action changed nothing.

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

Price remains quite elevated on both charts. Momentum is still pointed up.

Market Talk-nyad-png

Cumulative breadth fell a bit today, but remains bullish.

It may be uncomfortable holding stocks for some folks right now, given current events, but the indicators are what matters and they still point up. This remains a bull market until it isn't. If the smart money backs off, so will I, but they are pretty solidly bullish as of last Thursday.

I remain bullish.

Submit "Mixed, But Still Bullish - Posted by Coolhand" to Digg Submit "Mixed, But Still Bullish - Posted by Coolhand" to del.icio.us Submit "Mixed, But Still Bullish - Posted by Coolhand" to StumbleUpon Submit "Mixed, But Still Bullish - Posted by Coolhand" to Google

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