Another lower high?
Moderator: Aitrus
Another lower high?
Anyone else here think that today or tomorrow will be the top of the lower high? Trend line held pretty good as resistance in the S&P.
Re: Another lower high?
I'm not sure. I definitely thought so yesterday at 11:50am when I made my IFT to G but after the rally since then I'm starting to think there may be a breakout to the upside.
Re: Another lower high?
Friday will give us the clue. here’s to a big reversal or doji candle!
Re: Another lower high?
For me about 2760 is the line in the sand that would eliminate the bearish possibility of one more (wave E) leg down in a triangle, bottoming around early June around 2600ish.
My system is currently parked in the C fund for another week, and as of today the 2018 return is 7.49%, so I can't complain about this rally.
My system is currently parked in the C fund for another week, and as of today the 2018 return is 7.49%, so I can't complain about this rally.
Re: Another lower high?
Who knows. It feels like the S&P could go up to 2800 or higher. The market is rigged for those of you who didn’t already know this. The things that were a huge deal back in February don’t matter now. As long as rates stay around 3% the power to be have decided to go up. The folks on Wall Street decide where the market goes. Unfortunately, we aren’t privileged to the inside information. No matter how many charts you review it goes wherever they decide to send it. We are just along for the ride...usually on the wrong end of it. But, that is what they want..most people panic and invest due to FOMO and that is when they bring it down again.
Re: Another lower high?
I’m sorry, I didn’t understand a word of that? Who are “the folks on Wall Street” that you’re speaking of? What do dates around 3% have to do with that if they are the ones who are in control anyway? Rates can’t stay around 3% if the fed keeps raising their rates. It “feels” like the market could go to 2800? You’re just making that all up, aren’t you?Octjan2 wrote:Who knows. It feels like the S&P could go up to 2800 or higher. The market is rigged for those of you who didn’t already know this. The things that were a huge deal back in February don’t matter now. As long as rates stay around 3% the power to be have decided to go up. The folks on Wall Street decide where the market goes. Unfortunately, we aren’t privileged to the inside information. No matter how many charts you review it goes wherever they decide to send it. We are just along for the ride...usually on the wrong end of it. But, that is what they want..most people panic and invest due to FOMO and that is when they bring it down again.
"Get your money for nothin', and your chicks for free."
Following TSPCalc strategy #64902.
Following TSPCalc strategy #64902.
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Re: Another lower high?
Currently parked in the C, but I think Aitrus' had good advice, stick to a plan or % growth. Atleast it has been a good week hopefully for all of us .
-What we do in Life, echoes in Retirement-
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Re: Another lower high?
Currently 60% C, 40% S. Thinking about an IFT (first one this month) before noon today to to move half my funds to the G fund and hold on to some gains, then wait for the next low to transfer it back to C,S. I don't want to move all funds to G because I'll kick myself if the C and S fund continue to rise next week. What to do? Hmm.....
Good luck with your TSP and retirement plans!
Fund Prices2024-03-28
Fund | Price | Day | YTD |
G | $18.15 | 0.05% | 1.05% |
F | $19.08 | -0.06% | -0.74% |
C | $82.21 | 0.11% | 10.55% |
S | $82.43 | 0.30% | 6.92% |
I | $42.57 | -0.24% | 5.95% |
L2065 | $16.38 | 0.02% | 8.37% |
L2060 | $16.39 | 0.02% | 8.38% |
L2055 | $16.39 | 0.02% | 8.38% |
L2050 | $32.73 | 0.01% | 6.95% |
L2045 | $14.91 | 0.02% | 6.58% |
L2040 | $54.38 | 0.02% | 6.22% |
L2035 | $14.34 | 0.02% | 5.79% |
L2030 | $47.67 | 0.02% | 5.38% |
L2025 | $13.15 | 0.03% | 3.43% |
Linc | $25.61 | 0.03% | 2.82% |