Davy_Dave_Charts

Thrift Savings Plan ( TSP ) C-Fund SPX

SP:SPX   S&P 500 Index
Thrift Savings Plan ( TSP ) C-Fund potential bullish and bearish scenarios: yesterday, we lost the 4100 key level and failed to regain it or even tap it, today, however, despite losing the 9 DEMA, price is still trading above the 21. Bullish scenario 1: reclaim of 4100, base there and continuation into supply zone that rejected this recent rally -CPI coming in at expectations or even cooler (fed talks about rate pauses and deflation). Somewhat bullish scenario 2: Price tries to break above 4100 but S/R flip pushes it back down, where it will respect the trend line and the 50-66 Fibonacci area, with CPI either at expectations or hotter than expected (Fed not as hawkish, still. Only dodging answers, like they have been). Bearish scenario 3: CPI hotter than expected, Fed hawkish, nodding their terminal rates and longer cycle, break structure and rejection at 50 Fib level.

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