The Fred Report - Mid Week Update November 4, 2015
Stocks have been frustrating as we have been looking for a close above 211 on SPY to add more money – of course it closed at that number. Our 223 target remains intact as long as 205 holds, and we will end up raising that number a bit after a move that closes above 211. A break of 120 – 119 on TLT targets 100 – 96. We have said XLF is a second half story and it could run into 2016, especially if TLT can break 119 as we expect.
To gain access to the members only content click here to subscribe.
You will be given immediate access to premium content on the site.