TSP closing numbers as of 9/11/15

Well I’m now at the bottom of my own tracking chart. How times have changed in one month. Argh!! To the charts.

The S&P 500 was up 2% this week but didn’t do a lot to fix the current issue. The Symmetrical wedge is still in effect and should break one way or the other by the 16th. Odds say that it breaks down another 140 points or so, but there is no guarantee which direction it will break. We are still way below the monthly buy level. There is also no trend to be drawn here either because everything is still developing. I’m still not interesting in jumping back in and betting on which way price breaks.

    The Small Cap daily above is also in the same exact position as the S&P 500. The only difference here is that we do have a short term down trend line that has been in effect for awhile now. Staying clear of this index also until it is resolved.

    The International index is in a pretty solid downtrend now. We have two distinct downtrend lines that really need to broken before you could feel good about investing here. That doesn’t mean we will not get an early signal, because we could. The monthly moving average is way below the primary downtrend, so it is possible. For now, I stir clear of this index also.

Bonds daily just seem to be grinding and accomplishing nothing. Since the buy signal, nothing but sideways movement. Warning 1 and 2 are back on because we are back below the 50 day moving average. Since we have a Bearish wedge forming here, if we have a breakdown from here, we will back to a sell on all 3 charts.

I have had a few of you asking me if we should be back in. I look at my charts and all the negative signals and I can’t find a reason. So, I’m all ears if someone wants to show me why I should invest and not ride the G-fund or the L-income funds. Convince me!!