As expected, prices are in consolidation mode, it's a good thing, we can see from the yellow circled price bars that we were losing momentum (steam.) From here we can build up more steam for the next leg up.
This may turn out to be the best play of the year...
Attachment 27939
Sell in May and go away is yet another great way to prove that market timing really does work. Some people refuse to believe in timing, but the facts speak for themselves. And this is just one way that market timing can work. There are many, many others. I think you can use multiple strategies to gain an edge on the market. It's the smart thing to do, and will help you grow your wealth. (Sorry Chief, but I just had to put in a plug for what I believe in). Snort.
CURRENT ALLOCATION: 100% I AS OF C.O.B. 5/22/2017
IFT 100% G-Fund EoB today 3 April 2014
Very nice 4 day snipe...think I'm going to ride a couple more days
Looking at the 15-minute channel you got a nice bounce off the bottom of the trendline. I'd keep an eye on it, a break below could send sellers out the door.
Attachment 27967
Good morning my fellow Americans, it is a glorious Friday morning. Earlier this week, I had in mind that if Thursday was going to close down, then Friday would close up, so maybe those of you in the markets can pick up some gains today. I needn't remind you we are at the top of the Bollinger Bands and momentum has waned. If today is a decent down day, I may jump in, otherwise I'll wait till next week.
Best of luck (the other 4-letter word)
Attachment 27976
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) |
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Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
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