S&P 500 crossed above June 28th high of 3945, hitting 3974 and triggering a buy signal
Market crossed 50-day moving average for first time since April 21st, showing momentum
Both C fund (S&P 500) and S fund patterns aligned, prompting reallocation recommendation
This past weekend the last sentence in the update was .should the S&P 500 break above its 28 June intraday high of 3945.86, stand by for a mid-week alert. Well, the S&P 500 crossed above that level on Wednesday when it had an intraday high of 3974.13. By crossing that level, it triggered a two-bar reversal buy signal (for more info go to You Tube and search on TSP TIPS; Trending Investment Portfolio Strategies). Additionally, the S&P 500 also crossed its 50 day Moving Average for the first time since 21 April. And to top that off, the same pattern noted directly above also applies to the S funds underlying index (^DWCPF). As such, we are recommending the following reallocation.
Recommended Allocation (Moderate Profile)
This is our historical recommendation from this date.
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G Fund
F Fund
C Fund
S Fund
I Fund
40%
0%
40%
20%
0%
TSP TIPS
Professional investment guidance for federal employees, military personnel and independent investors.
This past weekend the last sentence in the update was .should the S&P 500 break above its 28 June intraday high of 3945.86, stand by for a mid-week alert. Well, the S&P 500 crossed above that level on Wednesday when it had an intraday high of 3974.13. By crossing that level, it triggered a two-bar reversal buy signal (for more info go to You Tube and search on TSP TIPS; Trending Investment Portfolio Strategies). Additionally, the S&P 500 also crossed its 50 day Moving Average for the first time since 21 April. And to top that off, the same pattern noted directly above also applies to the S funds underlying index (^DWCPF). As such, we are recommending the following reallocation.