The Fred Report - Monthly May 2020

View a Printer Friendly version of this page, allowing you to print the page.

SPY has been a bit stronger than we thought but has filled the 290-area gap and we have a daily sell signal. Ideally, SPY will test and hold the 260-area on this pullback, and the pullback should take some time. The monthly stochastic should recycle for the first time since 2008, 2009.



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:

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