TSP Daily charts as of the close Friday 6/27/14

The S&P 500 which represents our C-fund is slow climbing the wall of worry. Normally in the summer time we get no returns and very volatile sessions. Since the markets pretty did all their pullback stuff in March, April, and most of May, maybe this summer will be different. No warnings here for the S&P. Steady as she goes.

The Small Cap daily finally looks normal again and we have three pivot lows that were higher than the last, so we are marching back uphill again. Everything is safe here even though last Wednesday we did flirt with my CBL line in red. We are firmly above the 50 day moving average and the new primary uptrend line is safe.

 

Most of June Bonds looked like they were going to fall apart. They held steady right at the 50 day moving average and even held the monthly sell line in purple. The Red CBL line hasn’t been adjusted since May 29th, but if we have another up day Monday, I will have to move it up again. Things move slow with Bonds so all the levels are tight. What’s important to know here is that Bonds had a nice reversal and is safe on all levels. Price is above the 50 day moving average and the primary green uptrend line.

The International hurt me this week but based on the big gap down, it should have been worse than what my account was showing. That gap down was 3.18% for the week but the TSP I-fund only reported a .81% difference. Not sure why there such a discrepancy, but there was. So now the important stuff, warning 1 was fired when price fell through the red CBL line and price fell through the 50 day moving average. We are still safe because the green uptrend line is safe and even the monthly price level is safe. So this is a watch and it does have me concerned because all other market indexes are moving in the other direction. Let’s hope this is not a first sign of other market indexes reversing to the down side.

Conclusion: Been gone on vacation for 2 weeks and nothing changed. All 4 indexes that primarily run our TSP are safe. The I-fund is the only index under a watch. All L-funds are good to go. The month of June ends tomorrow or Monday the 30th, and I’ll put out a quick post for the monthly moves.