TSP Charts: Quicklook 24 July 2015

By Michael Bond on July 25, 2015

The TSP C fund has been trading sideways since late March and is once again approaching a critical area of support. Market internals and measures of risk aversion point to a greater likelihood of a deeper correction.

TSP C Fund Area of Support

The October 2014 correction sent the TSP S fund below its long term trend line which then became overhead resistance. After another leg up in early 2015, the TSP S fund also began trading sideways and is once again approaching a critical support level.

TSP S Fund Trend

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