TSP closing numbers for the week 1/23/15

We got it all back in 4 days and lost just a bit on Friday. So most of January’s losses have now been erased. We have one week left for this month and let’s hope that everything ends in the green. If you are a monthly decision maker, I see no changes coming for February.

The S&P 500 made a nice move back above the 50 day moving average this week and let’s hope the upward movement continues. We still have a bit to go before we can put the daily buy signal back on. That level is marked in green on the above chart. Price level is at or above $2072

The Small Cap index did the same as the S&P 500 last week and we are now above the 50 day moving average. Like the S&P, we need to get above that green level before we can put a daily buy on this index. That price is $1067. I also think it is funny how the $1064 level from way back July 2014 is still in play. We need to take both these levels out and start moving up. The longer it dances here, the more likely we are going to crash.

The International index has been on a roll lately and is now approaching those first key levels to fire a buy. Price is sitting right on the green CBL and the 50 day moving average. Finally !! The other level that has to be broken it that red downtrend line. That is key because that will indicate that we are finally going to be make higher highs and higher lows. The yellow box I indicated on the chart above is the level we must reach to get a daily buy signal. The Weekly and Monthly will still be a bit behind.

Bonds did stall this week but it stalled into a bullflag which is ok. When a breakout happens with a bullfalg, price normally continue the trend up. So we sit here and watch bonds.

The above chart has nothing to do with our TSP but it is interesting to follow. US Oil market once again started to break down Friday to new lows. The Red lines on the chart show a nice Bear Flag and what is normal to happen is this. Normally prices break down out the bottom of the flag and the the trend continues lower. We will find out Monday and Tuesday if this is true and price do fall.

That’s it for this week. This coming Friday will be the end of January 2015 and over the weekend I will post the monthly moves, if any, for February.