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 October 2015

View a Printer Friendly version of this page, allowing you to print the page.
SPY given short-term rally indications, but internals suggest a retest is possible after oversold conditions are relieved. There is enough technical evidence to suggest further downside that clients who are more concerned with downside risk than capturing all upside should remain cautious at this juncture. While our target of 223 on SPY (per our yearly forecast) remains in play, we must see the quality of a short-term rally, should it occur, and also see improvement in the internal indicators.


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: