The Fred Report - Weekly December 28, 2015

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

This week should be quite interesting, as our forecast for the next year depends a lot on whether we have an up close or down close for the year.  For next year, any move on the Transports below 7000 would constitute a strong sell signal for the market as a whole.  Accumulation models suggest we could see a rotation into XLB and XLI and out of XLY and IYW, and if we see this sort of action in conjunction with a market that broadens out in early 2016 it would be very positive.



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.