TSP daily charts as of 10/31/2015 – what a spooky mess it is!!!

The S&P 500 is totally safe right now and has had an incredible run since the low was hit August 25th and September 28th. The daily call that was made a few weeks back is still working and there are no warnings here. What concerns me now is when does that steep angle of attack slow and rollover for a few days or weeks. At some point someone is going to fire the, I’m taking a profit button. I suspect that it will happen within and few more trading days or whenever $2091 to $2100 level is reached. Price is safely above the 50 day ma, above the CBL, and is now above the monthly buying level. So it’s hard not to say buy at this point. Weekly chart still needs some work.

The Small Cap finally made a tiny move to reverse it’s trend this week. Wednesday price closed above the red down trend line and it closed above the 50 day moving average. Thursday all we needed was to hold that level and we had a buy. So there you have it, another daily buy signal confirmed. It looks weak just like the bond daily buy signal looked weak. Monthly still not a buy and weekly still not a buy. So maybe like the S&P 500, this is an early entry point and we can all benefit from it. It still looks scary to me and I do not have much confidence in this buy signal.

    The International daily chart made no changes this week, but it looked weak. The one thing that concerns me is that price hit that red down trend line and failed to go through it. As a matter of fact, it bounced down off of it. No like that. Price is still above the 50ma, above the CBL, so we are safe on the daily buy at the moment. Next week it will be in trouble unless prices rise.

    Bonds had a rough day on Thursday but volume was not all that bad. Meaning there wasn’t that much selling going on, just more than buying. But look at that volume on Friday. Someone or some organization came rolling in and did some serious buying. That still was not enough to cancel the warning that is now on for bonds. Price closed below the 50ma and the CBL. The green uptrend is still safe, so no sell signal yet. I still believe that prices are still squeezing together between the red downtrend and green uptrend line and soon a major move is coming in one direction or the other.

So what do we do Monday morning? Ok by the rules of the monthly moves, the S&P 500 or C-fund is now a buy, so going all in 100% is approved. The S, I, and F-funds are still a sell monthly. So technically you cannot invest here. All 4 indexes are now a buy on the daily charts, so you could use this to justify going in with a 25% mix on all 4 indexes. Personally, it still looks scary as hell. Looking at my annual return of a 4.28% loss, you could also argue that doing the opposite of what Dixon does is also approved. I’m going to think about the rest of the weekend and make my mind up Monday morning. Either way, I will come out of the 100% G-fund position and at least go 50% C and 50% G.