The Fred Report - Weekly February 5, 2018

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

Momentum on this decline has been enough to suggest that this is not the bottom of the correction.  There are a couple of numbers for an initial bounce on SPY: 273 to 271 should hold this for a bounce up. That could test 282 to 284 and then turn down again.  It would be possible for TLT to bounce here, but the really key level to look for is 117 or so.



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.