TSP daily charts. Here we are again!

We are approaching all time highs and resistance levels and it makes me wonder how many more times it will happen before we get a pause or pull back. Either way the monthly moves have been working steadily keeping me from jerking my money in and out of the TSP funds. Example, I’ve been in the C-fund since April 2, 2016. I have also been invested in the S-fund since May 2, 2016. This is the purpose of the monthly moves. Get us invested for the long term without emotion and let the mechanics of the chart make that decision for us. This gives me comfort that the recent investment in the I-fund will work. Let’s get to those daily charts and see if there are giving us any clues to trend changes.

 

The S&P 500 is within 3 points of reaching all time highs. The DMI below looks a little shaky but it is still positive. Volatility is low. So everything here at the moment is looking good and I expect next week we will hit all time highs again. We just sit back, watch and ride.

 

The Small Cap is also within 5 points of all time highs. DMI is positive, but shaky. I expect next week we will likely hit all time highs here. So we watch and ride. 

 

 

The International index is back at the resistance level for the 6th time since May 2016. The more times this level is hit and fails to get through, the more it is likely going to fail hard to the downside. There are indications that show it is going to succeed this time because volatility is low and the DMI is positive. Another good indication is that the weekly and monthly charts agree that we are heading higher. The I-fund is now a buy on all 3 charts, so let’s see what happens.

 

 

Bonds are building a base and may be indicating that a bottom is being formed. Do I want to jump in? Nope. The monthly move here is saying stay out and the DMI is negative. There is just nothing to like here, so I will not invest. 

 

 

 Conclusion: 2 of our indexes are at highs and 1 is at a major resistance level. We are committed monthly to ride these 3 until the end of February, so let’s just sit back and watch without emotion and see what happens. My gut is telling me we are going higher and we are going to break through that resistance. Is that a prediction? Nope, just a gut feeling. I would not even bet $1 I was right. No one can predict the future.