The FRED Report

Financial Research, Education & Data

The FRED Report is not authorized, endorsed or affiliated with the Federal Reserve of St Louis and its FRED Economic Data

The Fred Report - Monthly September 2014

View a Printer Friendly version of this page, allowing you to print the page.
SPY closed August near summer rally targets after an intervening pullback. We still expect a test the 203 level on SPY, and possibly 209. Failure to materially exceed these areas and then a break of 190 would suggest a correction of magnitude is underway. For now, in spite of last month’s trading, the overall market view remains where it was – neutral, and proximity to trading targets suggests that caution flags are out – and some call writing may be in order.


Sorry this page is available to subscribers only.
If you're not a subscriber why not
join today?

If you are already a subscriber, please login.

If you believe you should be able to view this area, then please contact us and we will try to rectify this issue as soon as possible.


To gain access to the members only content click here to subscribe.

You will be given immediate access to premium content on the site.

 

 

 

Who is Fred Meissner, CMT?
Listen here: