TSP Charts: TSP S Fund Establishes a New High

On 24 November, the TSP S Fund established a new high after trading sideways most of the year.  But the new high is not yet convincing.  The TSP S Fund is flirting with our MACD indicator sell signal and needs to rally early next week to hold off on the signal change.  The first few days of December have a good track record, but are followed by some weakness often attributed to tax-loss selling of stocks so a small correction prior to the beginning of a Santa Rally is very plausible.

TSP S Fund Chart

TSP S Fund Establishes a New High

Categories: Perspectives, TSP Charts