The Fred Report - Weekly May 4, 2020

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

Daily indicators such as the Stochastic are overbought and suggest some pullback is likely over the next couple of weeks.  We still see a quick decline to 260 – 255 on SPY as possible, as long as prices stay below 285 or so, on a closing basis.  Some of the constituents of DBA are starting to show some bottoming signs, mostly SOYB, WEAT, and COW.

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: