TSP closing numbers as of 4/2/15 Short week.

Last week ended on Thursday 4/2/15 in observance of Easter Weekend. As you can see above my setup for April 2015 did not change from March. You can also see if you look closely at the charts above we should get a small gain out of April.

The S&P 500 is in a little trouble on the daily chart and I put numbers on the chart so you cold see exactly where my concerns are. First point 1, price fell back below the sell CBL line and once again fired a warning. Point 2, price also fell below the 50 day moving average and fired warning 2. So this puts in a hold. Point 3, is price has formed a wedge pattern over the last few weeks and will eventually come to a point in the consolidation that will force a breakout in one direction or the other. There is no time frame on this and it could break in either direction Monday of 3 weeks from now. An official sell on the daily is way down there, so there is no worries at the moment. $ 1938 to be exact if it were today.

   

Small Cap is in good shape with no warnings. We do have a small wedge forming which to me looks like a bull flag. What normally happens when a bull flag breaks? We get higher prices.

The International had a very nasty pull back last week that almost caused a sell on the monthly charts. Since that point is has a nice recovery to the upside. The short term trend was tested and held. This week we need prices to continue higher and take out that last pivot high. There are no warnings. Even the weekly chart is in a full buy signal.

Bonds just keep slowly but surely plowing ahead. They pullback to test the trend and then continue higher.Bonds are earning more than the G-fund and the C-fund so far this year. Steady as she goes.

 

So there you have it. A little drama last week and it steadied back out. The International in my opinion was the only index we had at risk to sell at the end of March, but we are good to go for the next 25 or so days.

Bonus on Oil below

Monthly, oil is not even close to a buy. Weekly, oil is not even close to being a buy. Daily on the other hand, we are getting close. The sideways progression continues and by doing so we are going to naturally breakout of the down trend. Price is all over the green CBL entry line, so this could break and be confirmed in a two day period very soon. Then there is the last item to be broken and that is the 50 day moving average. The 50 is flattening out and hovering just above the green CBL. So you can see that a but signal could happen very soon. COULD !! With all the news saying that oil reserves are stacking up and we will soon have no place to store it, price could fall again. Either way, supply and demand on the market will show no matter what.

Watching closely for more personal investment here.