The Fred Report - Monthly March 2012

View a Printer Friendly version of this page, allowing you to print the page.
Stocks have rallied strongly and exceeded the 2011 high on SPY as forecast. It is not surprising to see overbought readings on some indicators as this occurs. Last November, we forecast a test of 1400 – 1430 on SPX, and stocks are close enough to this area that a correction could occur at any time, but we still expect to see a test of the low 1400’s. 

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.