The Fred Report - Weekly November 18, 2013
We would be concerned on a drop below SPY 172.50. At the same time, we believe this is a Secular Bull Market, and has been since 1974. The TNX is in an interesting position at this juncture, as it is challenging resistance at 27.60 and the daily stochastic is in a slight sell mode. This means there is at least a chance that rates will start to decline again, and continue the downtrend, making new lows and challenging our objective of 24.
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.
