The Fred Report - Mid Week Update June 6, 2018

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

SPY has closed above 275, but not by much. Still, this is the start of a breakout if the market can build upon this and head for targets in the 290 to 302 areas.  A really strong opportunity is DBC in this area – it has held 17.50 and the daily stochastic has come down to oversold, and when it turns up we are looking for a move to 22.



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.