The Fred Report - Weekly June 15, 2020

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

Short-term indicators have hit overbought extremes, and as mentioned before, the put/call ratio and other sentiment data has hit giddy extremes.  We have target points at 295 to 288 or so on SPY. Below 287 on a closing basis could target as low as 260, which is our maximum downside for a correction unless something odd happens.

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.