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 - Weekly April 16, 2012

View a Printer Friendly version of this page, allowing you to print the page.
Stocks have completed what we believe is the first segment of a larger correction, and daily stochastics have declined into the buy area on most indexes and sectors.  Should SPY penetrate 143 significantly, our expectation of more correction will be proved incorrect, and should SPY move significantly below 132 a more significant top is being formed.  TLT should decline slightly this week, and this would set up a rally in TLT over the next two weeks. 


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: