TSP closing numbers and charts as of 12/27/15

 

 

 

 

 

 

 

 

 

We got a very nice pop in stocks last week that for now, stopped the slid into the abyss. For me it meant recovery, but for others it might have been great timing, and lastly, some might have missed out. But what does it mean for our charts and did this move repair the damage?

The S&P 500 was up 2.8% this week which is great for helping me dig out of my 2015 hole. Chart wise we still have work to do to finally get some type of trend moving. Look at the middle of the chart and you will see a dark purple line. That was the starting price January 1, 2015. So you could have just sat in the G-fund all year and done as well. That doesn’t happened often, but it does. All warnings here are off as of Friday’s close because price closed above the 50 day ma and the last selling CBL. Weekly, the S&P 500 also fired a buy signal. Another important point is creating a higher lower pivot low. It shows support, buyers, and maybe a new uptrend. Right now at this point in time, this is the only index we have that is a buy daily, weekly, and monthly, but is shaky.

 

The Small Cap was up 2.90% this week. Price is still below the 50 day ma, last selling CBL, and the monthly. There is a little bright light in that price created a higher pivot low. Price is still way below the starting point for 2015. 

 

The International index is just grinding and spooling and it is going to break hard in one direction or the other soon. Last week we may have had support created but only time will tell. Price is still below the 50 day ma, last selling CBL, and monthly. Price is also below the starting point of 2015. 

 

Bonds index is bouncing off and testing support. The more this happens without a reversal to the upside, the more likely it will fail and prices will sink lower.