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 July 21, 2014

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

We think the reason for this corrective behavior is the weak economy forecast in the beginning of the year, and if we see improvement in the second half IWM should improve a bit but may bet setting up for another run in 2015.  As for the end of July, we expect to see the market rally a bit more and by early August we should test the 203 area on SPY forecast at the beginning of 2014.  Given the overall sentiment in gold, these patterns plus the fact that my accumulation models on gold are very close to two-year highs, keeps me very excited about prospects for the metals.

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: