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 August 31, 2011

View a Printer Friendly version of this page, allowing you to print the page.
This does not change our forecast of a retest of the lows after a test of the 123 – 125 area on SPY.  % bears has increased again, to 36% – improving our model, so the healing process continues.  We realize that should stochastics roll over and the moving averages cross back negative – another very sharp down-leg should occur which will take us to new closing lows.  The agricultural commodities have a seasonal tendency to rally into September.

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: