OldDix TSP

I didn’t think after watching the pre-market there would be a move today. I will make an adjustment now.

Hi TSP’ers, I am going to stand down and leave my setup alone today. I will re-evaluate tonight and see if it warrants a new plan for Tuesday. Have a great day.

Olddix

Last week we saw a major sell of one of our indexes only to see it snap partially back. We saw our primary index by the end of the week give us an add more signal. We have a new index firing a buy that needs to be confirmed Monday. Then we still have one that has been a sell and will likely stay a sell for a while.

So, it appears as I write this blog, that Monday or Tuesday we will be making another move.

May did not end well. Here are the closing numbers for May.

A really ugly day on the markets and only the brave make a move here unless it is for the exit. So as posted last night, here is my move going into June 2023.

5 months have already gone by for 2023 and tonight we discuss our moves going into June. Tomorrow unless one of our indexes recovers, we will have to exit. That did not get discussed over the weekend and it is a bit shocking.

So, let’s look at our charts.

It appears that the government will still have money to spend to pay bills. I never had any doubt that they would come to some conclusion but now the question is how will the markets react. You would expect at least the opening day would see at least a 1% gain, but if the futures are any indication at this moment in time, it will just barely open green.

We have an index that fired a sell outright and is now uninvestable. We also had another index that fell into sell territory but fought back into the close Friday. We also have an index that is attempting its second breakout.

What will the markets do?

We only have to talk and 2 indexes and one Vix. It is not good, so let me just jump straight into it.

Just over a week to go before our government increases the debt ceiling or stops paying its bills. The indexes are starting to make moves like someone has an inside secret. We still have 4 indexes and they are all doing different things at the same time in space. What does it all mean?

Looking for a breakout and we got it. Now, will it stick?