OldDix TSP

Can it get any worse? Yes.

One index confirmed yesterday’s signal and another fell back into a zone that is not good for anyone.

After two of trading, we have an index firing a signal. It has to be confirmed tomorrow. Tomorrow the FED will be adjusting rates once again. I believe the consensus is an increase of .75%. If the rate is that or less, the markets will likely rise. Anything higher and there will be a major sell-off, again.

Last week was a backbreaking event on the stock market. It appears even with the fall of oil that the FED is determined to kill the stock market and put the country into a recession. I’ll say more about that later but I am still having a little difficulty tieing the 2008 market to the 2022 market.

Once again I will also show why taking small losses are very important even though they are painful.

That was ugly and that was backbreaking. What will the next few weeks and months bring? I know the odds and I’ll post about them this weekend.

We have levels that are being broken and the choice is clear.

Today was not good. Levels broke and now we have decisions to make. I will give you two options for tomorrow, but if the pre-market numbers that I am looking at right now are any indication, it might not matter.

What will next week bring after the roller coaster ride we have ridden the last two weeks? Since August 16th it has been a gutwrenching ride that is never fun when you actually just put a toe in. This week’s briefing will be brief because there are only just a few things to mention, so let’s get to it.

Not sure exactly why the markets bounced this week, but it is uncanny how they bounced off of levels that I called out. Lots more work still needs to be done.