The Fred Report - Weekly June 12, 2017

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

Our forecast remains for a strong second half, but many indicators are suggesting a weaker than expected end to June.  Oil has been a bit weaker than we expected but is still in a bottoming area. Stochastics are oversold, and if they can turn up we should see a sharp rally in this commodity.  DBC is trading right near support, oversold and on a trading buy signal.



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.