The Fred Report - Weekly September 12, 2016

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

We have been focusing on the 212 area on SPY as a benchmark for this market. For now, this is close only – we hope and expect this to be penetrated on the downside early Monday.  The next support on the daily TLT chart is the gap between 135 and 133.50. If that breaks the next stop will be 131 – 129. We do not expect these areas to be challenged immediately – rather we expect some stability and a trending advance in prices.

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.