Ok, today the S&P500 or SPY index gave us the entry signal that we were waiting on. We needed that higher pivot low to form above the down trend to reverse into an up trend on the daily chart. This would help confirm the weekly signal that show the price bar above the 50 ma. So, The daily has flipped to uptrend and the weekly is working on converting to an uptrend, so that is enough for me to get back into the C-fund. I will also be buying individual stocks long in the market.
The Small Cap also created a higher pivot low on the daily and created a new uptrend. So if you were on the sidelines with this fund, it should also be good to go.
The European index finally created a higher pivot low on the daily and flipped into a uptrend. The only issue I have here is the the weekly chart the price bar has not completely crossed the 50 week ma, so it makes me want to pause. Use your discretion here, but this fund or index appears to be ready for a run to the long side.
Tomorrow’s plan goes like this, if the S&P500 holds above 1100 or 110 on the SPY and stays above through 11:45, I will make a move back into the c-fund. If she fall below that means the pivot is not confirmed and is invalid and no change will be made.
TSP distribution: S-fund 40%, C-Fund – 40%, F-fund – 10%, G-fund 10%
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