The Fred Report - Weekly October 12, 2020

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

Both SPY and QQQ are starting to break out of “Head and Shoulders” bottoming patterns, by closing above 344 and 282 respectively.  UGA has support from around 18 to 16, and resistance is 22 or so, now being tested. If this is exceeded a test of the gap at 24 is likely.



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.