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 - Mid Week Update April 25, 2012

View a Printer Friendly version of this page, allowing you to print the page.
Our target range for a correction has been 134 – 132, and at the lows of this move (around 136) are around 2.00 lower, not a significant amount.  We still see more correction as likely, but don’t miss the forest from the trees – if we are wrong in here the market may simply rally from this area.  TLT has filled the recent downside gap from a few days ago and weekly indicators suggest another advance could begin here, which should fail in the next few weeks.


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: