C-fund

[JTH]

Normally, I don't analyze $SPX because we have so many talented folks here in this forum and on You Tube who do such a great job with this chart. Nevertheless I still like to pull out the crayons for confirmation, and because there is always someone else who comes along and points out something you either missed of didn't think of.

Looking at the daily chart, it appears we have two trading ranges going on and right now we are stuck in the lower trading range and Stochastics are headed down again.

Looking at the P&F 2 Box Reversal, we can see we have a Bearish price objective of 803. For the time being, 740-800 is where I'm a buyer and I hope we can make this our new trading range. It's not that I want the market to go down, it's that I'm paying off a TSP loan, so my buying power is limited.

I pointed out the same thing on the S-fund thread.

Last but not least, we have the weekly chart. I just wanted to point out the last candle colored in yellow. I guess you would call it an inverted hammer.

" The Inverted Hammer looks exactly like a Shooting Star, but forms after a decline or downtrend. Inverted Hammers represent a potential trend reversal or support levels. After a decline, the long upper shadow indicates buying pressure during the session. However, the bulls were not able to sustain this buying pressure and prices closed well off of their highs to create the long upper shadow. Because of this failure, bullish confirmation is required before action. An Inverted Hammer followed by a gap up or long white candlestick with heavy volume could act as bullish confirmation."
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:introduction_to_cand

I'll be honest with you, I'm getting sick and tired of playing in these ranges and I want us to free-fall below 820 into a lower trading range, mostly because I want to buy more shares at cheaper prices.

Cheers...JTH

 

[Skip]

a fall will be to the 818 level and a bounce... if it breaks below that you may get your wish...
View attachment 5613
Skip

 

[budnipper1]

View attachment 5670

 

[budnipper1]

View attachment 5671

 

[JTH]

For the time being, 740-800 is where I'm a buyer and I hope we can make this our new trading range.

ATTENTION MR. MARKET: By now, everybody and their mother expects and wants a minimum of 740. Who here wants to buy at these levels and go long?

Here's my latest chart, it's my best one to date...

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[budnipper1]

Your "latest chart" is as reliable for predicting future direction
as any other chart I've seen lately.
​

ATTENTION MR. MARKET: By now, everybody and their mother expects and wants a minimum of 740. Who here wants to buy at these levels and go long?

Here's my latest chart, it's my best one to date...

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[cbackous]

well its right there in the chart, new lows are coming. those who cant see it must be blind:blink:

 

[jkat1966]

Could we go below $9.00 on the c fund tsp share price this week?

 

[KevinD]

Could we go below $8.00 on the c fund tsp share price this week?

Fixed it for ya...

 

[jkat1966]

Fixed it for ya...

Thanks

 

[TRAFFIC_DOG]

Having spent some time trying to extract a bottom projection, I think the most logical area is to look at the NYA, which hasn't yet tested it's '02-'03 lows of 4500. I don't see how we come out of this before that happens.

The NYA is now below 4300.........

4500 may be the "good 'ol days".

 

[Eagle_Addict]

Fixed it for ya...

Done, below 8.00 it is.......March 5, 2009.......That is 20% below the baseline that was established when, in 2003 or so?!?!? When all funds were priced at 10.00 to start off?

What is next? (A surge, I hope!!)...

EA

 

[James48843]

What is next, you ask?


S&P 6-6-6 can't be far off....

​

 

[350zCommTech]

What is next, you ask?


S&P 6-6-6 can't be far off....

​

GE closed at 6.66 today.

 

[350zCommTech]

What is next, you ask?


S&P 6-6-6 can't be far off....

​

Nailed it!

View attachment 5978

 

[James48843]

Yep.


So, today we got S&P at 6-6-6

And today we got General Electric (GE) hitting a low of $6.66

Folks- that is an omen.

Monday is the "Whoosh".

I will most likely be getting out then, I think, as we're still nowhere near the end of the job losses, banking problems, credit freezes, mortgage foreclosures, etc.

I have been in for the last month, hoping for a turn around.

I don't see it anymore.

Nothing. Nada. Not a glimmer anywhere.

Only more bad news ahead.


That light- down at the end of the tunnel you see?


That is the train coming this direction........

​

 

[Rod]

Yep.


So, today we got S&P at 6-6-6

And today we got General Electric (GE) hitting a low of $6.66

Folks- that is an omen.

Monday is the "Whoosh".

I will most likely be getting out then, I think, as we're still nowhere near the end of the job losses, banking problems, credit freezes, mortgage foreclosures, etc.

I have been in for the last month, hoping for a turn around.

I don't see it anymore.

Nothing. Nada. Not a glimmer anywhere.

Only more bad news ahead.


That light- down at the end of the tunnel you see?


That is the train coming this direction........

​

I hear ya loud-n-clear! That's why I sold off (TSP) a few days ago.

Until the economy is "sound" (evidenced by positive reports), any and all "rallys" will be nothing but fakeouts with further legs down.

Now, I will and am playing the bear with my Roth. But, I certainly won't play it anymore with my TSP because of limited IFTs.

Rod

 

[SJCX]

Pretty good returns in March for the C fund. Was it just a tease or are better times ahead?

 

[tsptalk]

Welcome SJCX! o you have a coin we can flip?

I am in the camp that, while this rally might keep going, we will have to deal with a test of the March ome time between now and the end of the year.

 

[jimijr]

C = 11+

C-fund broke 11 today. Last time it was above 11 was Nov 4th 2008. We're battling back.