Hello Folks
The most important thing facing TSP Participants this week is the BREXIT vote which will begin in approximately 2.5 hours from time of this post. If British Pound Futures are any indication of what the vote will be, it (for now) is reflective of a “No” vote or “Do not Exit”, as indicated by their recent uptrending behavior. Polls are great, but market behavior is better. Please see evening charts below:
By Friday June 24 “sunrise” in USA, all voting results across the ocean in UK should be official and we will know the final and official BREXIT vote status. Lets continue to monitor things between now and then, however as of now, we are on track for a “No vote” on BREXIT, which is positive for TSP Participants.
Thank you for reading…
-Bill Pritchard
