The S&P 500 was up today 7.64 points or .62%, but we still printed a red flag on the daily chart indicated a trend reversal. The Small Cap index also printed a second red flag, but we had a few indicators that did not agree. The Nasdaq printed a green and cancelled it’s warning and the Dow 30 never had a warning. The European is also printing two red flags, but I do not put as much into the agreement requirement on this index as I do the others that trade in the USA. So tomorrow, if we are up on the S&P, Small Cap, and the Nasdaq by 11 to 11:30am, I will stay in the market for now. If they are all printing red, I will retreat to the G-fund. So review the charts below, look at the flags and make your own call.
TSP distribution: G-fund 20%, C-fund 40%, S-fund 40%
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