TSP Talk Blog

Stocks were mostly flat on Wednesday heading into Friday's short trading session. The Dow was up a point while small caps outperformed again but are up against some serious resistance in the form of the 200-day EMA.

I will be busy this Thanksgiving week so unless something significant happens, I will keep the commentary brief and enjoy some time off. I hope you are able to do the same. The market will be closed on Thursday and the TSP will be closed, and Friday will be a half day for the market, and the TSP will process transactions.

Daily TSP Funds Return More returns

The I-fund held onto some early gains, unlike the S&P 500. Bonds were slightly positive.

The SPY (S&P 500 / C-fund) has been moving sideways for several days. It may be creating a bull flag but it must make a higher high above the November peak or risk starting a new downtrend.


Chart provided courtesy of www.stockcharts.com, analysis by TSP Talk

The small caps have been outperforming recently and the DWCPF (Dow Completion Index / S-fund) is back testing the 200-day EMA.


Chart provided courtesy of www.stockcharts.com, analysis by TSP Talk


Read more in today's TSP Talk Plus Report. We post more charts, indicators and analysis, plus discuss the allocations of the TSP and ETF Systems. For more information on how to gain access and a list of the benefits of being a subscriber, please go to: www.tsptalk.com/plus.php

Thanks for reading. Have a great weekend!

Tom Crowley


Posted daily at www.tsptalk.com/comments.php

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