The Fred Report - Weekly July 25, 2016

View a Printer Friendly version of this page, allowing you to print the page.
We noted on last Thursday’s conference call that if IJR can close the month above 120 the long-term trend system will go positive on small caps. This week we have a set up for a rise in rates that could be one of the sharpest of 2016 – and timing-wise it should occur in the next couple of weeks.  Our work suggests the FXY will consolidate with the 89 – 90 area as support and 98 – 100 as resistance. Above 100 on FXY targets 115.


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.