Test
Here's the challenge this afternoon. The 50-day EMA has held again this morning. There is room above if that can somehow get taken out, and that small open gap may be the lure. 216 will be a tough nut to crack.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Test
The SPY seems to be tidying up and filling its open gap, although it had to dip below the 50-day EMA to do so.
The small caps however, are remaining below the 50-day EMA and it is now flirting with the bottom of its bear flag.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Knocking on the 50-day EMA door again...
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
A nice reversal on the Trannies, but not before it fell below the 50-day EMA, and it's now trying to crawl back above it. There's an open gap there for the taking, but this is a breakdown until it can recapture the 50-day EMA. There are a couple other levels of support below but this is a yellow flag here.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
A couple of developments. The Transportation Index is testing overhead resistance yet again, midday today...
The HYG Corporate Bond fund is looking a little shaky haven fallen below 3 levels of support...
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Try to hold onto the 100-day EMA. Only 4 closes below it since early March.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
With the onslaught of negative headlines recently directed toward the Clinton campaign, it looks like the market is trying to price in a possible Trump victory, something it has mostly dismissed because of Clinton's lead in the polls. The possibility is now showing with some technical damage being done to a few charts.
CNBC: http://www.cnbc.com/2016/10/31/this-...r-istrump.html
THIS THREAD IS FOR HOW THE ELECTION MAY IMPACT THE MARKETS, NOT FOR POLITICAL DISCUSSIONS. WE HAVE POLITICAL THREADS FOR THAT. THANKS.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Well I think this latest nonsense has solidified my opinion that I'm taking my money completely out of TSP next year.
I'm totally sick and tired of putting up with being trapped with 2 moves and a noon deadline.
Just need to find a barf bag and a time to get the hell out of the market.
Sent from my XT1080 using Tapatalk
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
FOMC announcement today.
[COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
||
Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
Bookmarks